Mexican Media Brands
VW May Invest in Ford EV Unit
Ford Motor Co. and Volkswagen AG are close to agreement on a plan to collaborate on electric and autonomous vehicles, sources tell Bloomberg News.
#hybrid
Share
Ford Motor Co. and Volkswagen AG are close to agreement on a plan to collaborate on electric and autonomous vehicles, sources tell Bloomberg News.
The sources say VW also may invest in Argo AI LLC, the Pittsburgh-based autonomous vehicle tech startup which Ford acquired in February 2017 for $1 billion.
The two carmakers announced in June that they were in talks about a broad range of collaborations covering everything from technology and products to shared manufacturing operations. The companies have since indicated the discussions have been progressing well.
Last week VW CEO Herbert Diess raised the possibility of Ford using VW’s “MEB” vehicle platform, which was developed specifically for electric vehicles, for its own EVs.
RELATED CONTENT
-
Aluminum Sheet for EV Battery Enclosure
As the number of electric vehicles (EVs) is about to increase almost exponentially, aluminum supplier Novelis is preparing to provide customers with protective solutions
-
About the 2020 Lincoln Aviator
Successful vehicles tend to be those that are available on a global basis, and increasingly, those vehicles tend to be in the SUV segment writ large.
-
Hyundai Shops for a Partner to Make Electric Scooters
Hyundai Motor Co. is looking for a domestic partner to mass-produce the fold-up Ioniq electric scooter it unveiled at last year’s CES show in Las Vegas, a source tells The Korea Herald.
