What Ford Wants Investors to Know About Its High-Tech Partnerships

Ford’s Research and Innovation Center in Palo Alto is a key center of its self-driving efforts. It will be significantly expanded over the next year or so. Image source: Ford Motor Company. But there was more to Ford’s announcement: It has brought several new high-tech collaborators on board to assist its self-driving effort, and it wants its investors to know. Here’s a look at who they are and what they’ll contribute. The collaborators This isn’t a new relationship; Ford has worked with Velodyne, a leading maker of compact LiDAR sensors, for a while. The announcement was that Ford and Chinese search-engine giant Baidu (NASDAQ: BIDU) have each invested $75 million in Velodyne to help it put its sensors into mass production. LiDAR, for “laser detection and ranging,” is a radar-like technology that uses invisible…


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