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Technology and Car Companies Are More Intertwined Than Ever

The line between the technology and automotive industries is blurring. The rise of rideshare companies such as Uber and Lyft means that transportation is being tied ever more closely to your cell phone, while autonomous driving technology is turning your car into a computer. But these developments are expensive: Carmakers’ R&D budgets almost doubled to $89 billion between 2006 and 2016.

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