Ford CEO Fields: Why We're Investing in Autonomous Cars

The transcript discusses the development and deployment of level 4 autonomous vehicles, focusing on their commercial applications in ride-sharing services by 2021. It highlights the company's strategy of expanding its workforce and investing in technology companies, while also forming partnerships to enhance capabilities. The approach emphasizes small deals and a focus on customer needs, rather than rushing announcements, to ensure a successful business model and societal benefits.

What is a key feature of the level 4 autonomous vehicles discussed in the video?

• They do not have a brake pedal.

• They are designed for off-road use.

• They are equipped with a gas pedal.

• They have a steering wheel.

In which year does the company plan to start deploying its autonomous vehicle fleet?

• 2020

• 2023

• 2021

• 2022

What is one of the three key questions the company asks in its strategy for autonomous vehicles?

• Who to hire?

• When to launch?

• Where to play?

• How to reduce costs?

Why is the company focusing on small deals rather than large ones?

• To avoid sharing control with another big company.

• To quickly announce new partnerships.

• To focus on short-term gains.

• To fill specific technological gaps.

What is the company's primary focus in its race concerning autonomous vehicles?

• To reduce production costs.

• To do what is right for customers.

• To make quick announcements.

• To expand globally.