Dallas is a finalist for the $ 160 million Ford and Argo AI autonomous vehicle installation


The city of Dallas will vote on Wednesday to approve more than $ 3 million in proposed tax breaks to encourage Ford to move its next autonomous vehicle facility to the city.

Ford has partnered with driverless vehicle technology company Argo AI to develop its autonomous vehicle technology. Dallas and two cities in California are finalists for the partnership’s next install, according to city documents.

The project is expected to create at least 250 full-time jobs, half of which would have to be Dallas residents for the company to receive full tax and provide the financial benefits of the proposal.

The location described in the city’s proposal is land just west of the Dallas Love Field Airport at 2335 Burbank St.

In a statement, Ford spokeswoman Whitney Pineda said the company is focused on building a profitable self-driving vehicle business, stressing its recent efforts to drive carpooling and freight delivery in Austin and other cities.

“Scaling up this technology is essential, which prompts us to explore a variety of cities in the United States to expand our autonomous driving services. We will share more information about our autonomous driving business in the future, ”said Pineda.

The company did not provide details on the type of work that would be performed at the new facility.

Under the agreement to be voted on by city council, Ford would invest $ 160 million in the site, including $ 2.5 million in property improvements and $ 157.5 million in autonomous vehicle technology.

Ford would be eligible to receive more than $ 3 million in tax breaks over five years, according to a city program. The company would also receive $ 200,000 in grants if the jobs it creates reached certain wage thresholds, and an additional $ 50,000 for construction costs.

As part of the deal, Ford would do “its best” to set up an autonomous vehicle training program with Dallas College and the North Central Texas Council of Governments. The program may include internships or other workforce training programs, as decided by Dallas College and Ford. The deal would also see Ford create training programs for high school students with Dallas ISD and Richardson ISD.

Ford announcement a $ 1 billion investment over 5 years in Argo AI in 2017. Argo AI was founded by former executives of Google and Uber. In September, Ford, Argo AI, and Walmart began testing a stand-alone grocery delivery service in Austin, Miami, and Washington, DC. It is also testing autonomous transport efforts with Lyft.

The Dallas regional chamber said it plans a full pipeline of economic development agreements for 2022. Meanwhile, the auto industry is pumping billions into the next generation of sustainable electric and autonomous vehicles.

Fort Worth was recently left out by electric vehicle startup Rivian in favor of Georgia, which may have offered more aggressive tax incentives than Fort Worth.

Previous 2021-2028 Workplace Drug Testing Services Market Research Report
Next New information on reform of actions that prevented Seattle researchers from testing community for COVID-19