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Ford to invest $1.8B in R&D in China

Green Car Congress

billion) in research and development in China in recognition that Chinese consumers are increasingly driving global innovation. A survey commissioned by Ford found that 45% of Chinese drivers have used their phones, and 31% have sent text messages, while stuck in traffic. Ford Motor plans to invest RMB 11.4 billion (US$1.8

China 150
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Following the Money in the Air-Taxi Craze

Cars That Think

Today, Joby has more than 1,000 employees and it’s backed by close to US $2 billion in investments, including $400 million from Toyota Motor Corporation along with big infusions from Uber and JetBlue. Laurie Garrow, Georgia Tech And somehow, the cost would be no greater, either. You can’t do that with a pilot in the seat.”

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