World News: 09:14 GMT Wednesday 12th June 2019. [Stock Market via SPi World News]
Ford Motor Co on Wednesday opened a research center in Tel Aviv, joining a growing number of major automakers and suppliers setting up shop in the Israeli tech hub as they race to develop self-driving cars. With spiraling development costs for autonomous and connected cars in recent years, Ford and other carmakers have sought alliances and outside investors. The Tel Aviv lab will focus on technologies in connectivity, sensors, automated-systems research, in-vehicle monitoring and cyber security.
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