Ford: Autonomic unit inks deal with China's Alibaba
(CercleFinance.com) - Autonomic, a wholly-owned subsidiary of Ford, has signed a memorandum of understanding with Alibaba to bring its transportation and mobility solution for connected vehicles to China.
Enabled by Alibaba, Autonomic's technology will serve as an open, cloud-based platform providing standardized data and infrastructure for developers to make software programs for connected vehicles.
This new software could help residents plan transit journeys, manage a large-scale fleet for a ride-hailing business, or route self-driving cars on busy streets, Ford said.
Last December, Ford and Alibaba signed a letter of intent to jointly explore cooperation in mobility services, connectivity, cloud computing, and artificial intelligence.
Ford bought Autonomic earlier this year.
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