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Is Facebook building an electric car?

I’ve been hearing rumors about some unlikely companies getting into the EV business. Is Facebook building an electric car?

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Chanice Boyd · Updated on
Reviewed by Shannon Martin, Licensed Insurance Agent.
Some rumors are just that. Facebook won’t be building an electric car any time soon.
That doesn’t mean that they don’t have anything to contribute to the
electric ca
r space. Facebook plans to leverage its capabilities in social marketing, advanced AI technology, and deep machine learning to support the development of autonomous vehicles.
As the tech and auto world continue to merge, car companies want to focus more on connected vehicles. The data that Facebook has collected on consumer social behavior will help auto companies to create a completely personalized and customized driving experience.
While Facebook has no current desire to create a car of its own, you should expect its involvement in the future of cars. For answers to more questions like these, download the
Jerry app
. But that’s not all! Jerry, a licensed broker, can help you take a few more dollars off of what you’re currently paying for car insurance. Why not save some money!
MORE: How different cars affect your insurance
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