Ford is gearing up for its upcoming major competition, Waymo issues a recall for its self-driving car software, and another autonomous vehicle startup faces layoffs.
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- Feb 19, 2024
- 1 min read
TechCrunch Mobility's latest newsletter covers various transportation-related updates. This week's highlights include a security breach at BMW, criticism from a federal agency regarding an anti-Tesla Super Bowl ad, and a new federal inquiry into Fisker. Before delving into these stories, the newsletter shares insights from a recent visit to Detroit, where discussions with Ford executives shed light on their strategies for 2024 and beyond.
During the meeting, Ford executives emphasized their focus on addressing competition from Chinese EV manufacturers and Tesla. They believe that developing a cost-effective electric vehicle (EV) and advanced software is crucial to staying competitive. Ford's EV skunkworks project, recently revealed, is dedicated to this objective. John Lawler, Ford's CFO, emphasized the necessity of preparing for the entry of Chinese automakers into global markets, highlighting their advancements in EV technology and design, fueled by substantial government support.
In essence, the newsletter recaps recent developments in the transportation industry, highlighting Ford's strategic priorities amid increasing competition and technological advancements, particularly in the EV sector.
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