Finance

These 19 companies are racing to build self-driving cars in the next 5 years

Ford is aiming to have its fully autonomous car ready in four to five years.

Ford is aiming to have its fully autonomous car ready in four to five years.

Ford

Ford will roll out a fleet of self-driving cars as part of a ride-sharing or -hailing service by 2021. Like Google’s autonomous cars, Ford’s cars won’t come with a steering wheel, brake or gas pedal.

“What we have said is, we may not be the first, but when we do, it will be true to our brand, which means accessibility,” Ford CEO Mark Fields recently told Business Insider in March. “We want to make sure it’s available to everyone, and not just folks who can afford luxury cars.”

Ford is currently testing a fleet of self-driving cars in Arizona, California, and Michigan and plans to begin testing its self-driving cars in Europe in 2017, increasing its current fleet of 30 cars to 100.

Ford and Chinese company Baidu invested $150 million in Velodyne, a manufacturer of a Lidar system that allows self-driving cars to “see” the world around them.

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