New Ford subsidiary to develop mobility services

Ford Motor Company is investing in expanding its smart mobility development with the establishment of a new subsidiary, Ford Smart Mobility, which the company says is designed to compete like a startup company. Ford Smart Mobility will design and build mobility services on its own and collaborate with start-ups and tech companies. The subsidiary is part of Ford’s expanded business model to be both an auto and a mobility company. The company is continuing to focus on and investing in its core business – d
March 14, 2016 Read time: 2 mins
278 Ford Motor Company is investing in expanding its smart mobility development with the establishment of a new subsidiary, Ford Smart Mobility, which the company says is designed to compete like a startup company.

Ford Smart Mobility will design and build mobility services on its own and collaborate with start-ups and tech companies. The subsidiary is part of Ford’s expanded business model to be both an auto and a mobility company. The company is continuing to focus on and investing in its core business – designing, manufacturing, marketing, financing and servicing cars, SUVs, trucks and electrified vehicles.

At the same time, Ford is pursuing emerging opportunities through Ford Smart Mobility, the company’s plan to be a leader in connectivity, mobility, autonomous vehicles, the customer experience and data and analytics.

“Ford Smart Mobility and expanding into mobility services are significant growth opportunities,” said Mark Fields, president and CEO, Ford Motor Company. “Our plan is to quickly become part of the growing transportation services market, which already accounts for US$5.4 trillion in annual revenue.”
Location Based Systems

For more information on companies in this article

Related Content

  • Wireless connectivity at highway speeds
    July 24, 2012
    The Enterprise Mobility Solutions business of Motorola has announced the latest addition to its Mesh Wide Area Network (MWAN) portfolio, the Vehicle Mounted Modem (VMM) 4300. Designed to deliver wireless broadband connectivity at highway speeds, the company says the VMM 4300 provides public transportation organisations and safety agencies with the opportunity to extend mobile applications and video to buses, trains, public works vehicles and police cars for increased productivity and improved safety. The VM
    Read More
  • Qatar invests $70 billion to pave the way to world beating transportation
    July 26, 2013
    Eng. Zeina Nazer looks at what Qatar’s recently-announced investment in transport infrastructure will mean on the ground. Qatar is experiencing a rapid economic and industrial growth. This growth is characterised by a rapid population increase and by the urgent need towards the development of both infrastructure projects and major transport projects. In order to handle this rate of development within Qatar, Public Works Authority (Ashghal) is developing a fully-integrated multimodal transportation system in
    Read More
  • Global ADAS market will approach $10 billion this year
    April 25, 2012
    Advanced Driver Assistance Systems (ADAS) have been expensive add-on technical features for luxury vehicles for over 10 years, but during 2011, or perhaps more accurately Model Year 2012, features such as adaptive cruise control, lane departure warning, and low-speed collision mitigation will finally become available on higher-volume models such as the Ford Focus and Mercedes Benz C-Class.
    Read More
  • AT&T, Ford, Nokia and Qualcomm Technologies to test C-V2X in U.S.
    November 3, 2017
    American Telephone & Telegraph (AT&T), Ford, Nokia and Qualcomm Technologies are teaming up with the intention of accelerating the development of connected cars by trailing Cellular-V2X (C-V2X) technologies in the U.S. These tests are aimed at showing automakers and road operators the anticipated cost-efficient benefits associated with embedded C-V2X in vehicles and synergies between the deployment of cellular base stations and roadside infrastructure. Initial testing is expected to begin later this year.
    Read More

Highlighted Content