Ford Motor Company (F - Free Report) picked Miami-Dade County as the new testing ground for its self-driving vehicles, per Associated Press. This association with a county government is in sync with the auto giant’s strategy to roll out fully autonomous vehicles on the road by 2021.
Per the news, Ford and its partners – restaurant chain Domino’s Pizza, ride-hailing company Lyft and on-demand delivery-service startup Postmates – are mulling over a pilot program to understand the reactions of the consumers on semi-autonomous and autonomous vehicles. Beside this pilot program, Ford also planned to set up its first-ever autonomous vehicle terminal in the county.
Dearborn, MI-based Ford is not the only automaker conducting a test run of self-driving vehicles. General Motors Company (GM - Free Report) plans to conduct such tests in New York in 2018. Also, Waymo, an autonomous car development company and subsidiary of Google's parent company, Alphabet Inc. (GOOG - Free Report) is carrying out such test runs on the roads of cities including Phoenix, San Francisco and Singapore. Japanese vehicle company Nissan Motor Co. (NSANY - Free Report) is likely to conduct such services very soon.
However, the partnership between Ford and Miami-Dade County is likely to help the hugely congested Miami city to solve some specific problems and it will also aid in moving people effortlessly from suburbs to the downtown.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Ford Motor Company (F - Free Report) picked Miami-Dade County as the new testing ground for its self-driving vehicles, per Associated Press. This association with a county government is in sync with the auto giant’s strategy to roll out fully autonomous vehicles on the road by 2021.
Per the news, Ford and its partners – restaurant chain Domino’s Pizza, ride-hailing company Lyft and on-demand delivery-service startup Postmates – are mulling over a pilot program to understand the reactions of the consumers on semi-autonomous and autonomous vehicles. Beside this pilot program, Ford also planned to set up its first-ever autonomous vehicle terminal in the county.
Dearborn, MI-based Ford is not the only automaker conducting a test run of self-driving vehicles. General Motors Company (GM - Free Report) plans to conduct such tests in New York in 2018. Also, Waymo, an autonomous car development company and subsidiary of Google's parent company, Alphabet Inc. (GOOG - Free Report) is carrying out such test runs on the roads of cities including Phoenix, San Francisco and Singapore. Japanese vehicle company Nissan Motor Co. (NSANY - Free Report) is likely to conduct such services very soon.
However, the partnership between Ford and Miami-Dade County is likely to help the hugely congested Miami city to solve some specific problems and it will also aid in moving people effortlessly from suburbs to the downtown.
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Get the latest research report on GOOG - FREE
Get the latest research report on F - FREE
Get the latest research report on NSANY - FREE
Get the latest research report on GM - FREE