11:03 AM EDT, 06/03/2024 (MT Newswires) -- Ford Motor ( F ) Chief Executive Jim Farley said the automaker expects to start offering the so-called Level 3 autonomous driving technology by 2026, Bloomberg reported Monday.

The technology enables hands-free driving and allows drivers to take their eyes off the road.

"We can do it now pretty regularly with a prototype, but doing it in a cost-effective way is just the progress we're going to need to make," Farley was quoted as saying in a Friday interview with Bloomberg TV.

The company did not immediately reply to MT Newswires' request for comment.

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