The start of the autonomous vehicle Argo AI is on the point of stopping.

The company began with an investment of 1 billion dollars in 2017. Maintenant, c’est en voie de disparition, avec Ford et Volkswagen, les deux principaux bailleurs de fonds de l’entreprise, prêt à l’absorber.

Les employés auraint été informés qu’il recevaient une indemnité de départ avec assurance plus deux primes différentes. Un bonus serait un prix annuel et l’autre serait baso sur la transaction avec Ford et VW. Some employees will receive job offers for Ford or VW, and those who will not receive licensure and departure benefits and health insurance. The reports indicate that the package was generous.

These same reports indicate that the company’s founders have spoken to more than 2,000 employees of the company.

Argo published a statement: “In coordination with our shareholders, the decision was made that Argo AI did not pursue its mission in the enterprise.” De nombreux employés will have the opportunity to continue to work on automated driving technology with Ford or Volkswagen, while employment for others will unfortunately end.

Cette nouvelle survient peu de temps après que Ford declaré qu’il réorienterait ses ressources vers une technologie avancée d’assistance à la conducte et loin des véhicules autonomes. A 2.7 billion dollar pre-tax depreciation of Ford’s investment in Argo AI resulted in a net loss of 827 million dollars during the quarter.

Ford also apparently eu du mal à trouver de nouveaux investisseurs pour Argo AI.

Le PDG de Ford, Jim Farley : “Mais les choses ont changé, et il existe actuellement une enorme opportunity pour Ford de redonner du temps – le bien le plus précieux de la vie moderne – à des millions de clients pending qu’il sont dans their vehicles. It is essential for Ford to develop performance and differentiated L2+ and L3 applications that, at the same time, make transportation even safer.

Farley also declared that Ford could purchase an autonomous vehicle technology later: “We are optimistic about the future of L4 ADAS, but profitable and fully autonomous vehicles on a large scale are still far away and we don’t have to create technology. memes. »

A statement from the company suggested that Ford did not completely abandon the audiovisual game: “The development and enthusiasm of clients for the advantages of ADAS L2+ and L3 justify the strengthening of aspirations and short-term engagement of the enterprise in ces domaines. »

Que ce soit vrai ou juste un peu de copy reassuring à la suite de la fin d’Argo reste à voir.

Volkswagen, for its part, plans to use its Cariad software and its partnerships with Bosch and the Chinese Horizon Robotics to work on AVs.

Le service de covoiturage Lyft détenait une petite participation de 2.5% dans Argo et prévoyait égaleme de lancer 1,000 AV sur plusieres marchés au cours des cinq next années. Lyft dit que ses plans restent sur la bonne voie.

“We will continue to work with our other partners to advance security and the commercialization of audiovisual technology. Lyft is the leader in the implementation of audiovisual payment trajectories in North America with more than 100,000 active trajectories. Nous sommes bien places pour gagner la conversion AV thanks to the combination of our hybrid network, our market engine and our fleet management capabilities,” the company said in a press release.

Argo was not the only audiovisual partner of Lyft. It is also functional with Motional and Waymo.

Argo raised 2.6 billion dollars, mainly from Ford and Volkswagen, since the initial investment in 2017. technologies. More recently, Argo AI has been working on a system to support the use of autonomous vehicles for commercial deliveries and use as robotaxis.

[Image: Ford]

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