Ford and Volkswagen will share electric and autonomous car technologies, extending their alliance beyond commercial vehicles. Ford CEO Jim Hackett said in January that sharing EV and AV technologies is attractive for coöperation because of big investment costs.
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Ford are developing a family of EVs aimed at European markets. VW’s tie-in with Ford is also likely to include an investment in Ford’s autonomous affiliate Argo AI, and such a partnership could rival Google affiliate Waymo and General Motors’ Cruise unit in ambition and scope. A VW spokesman declined to comment on the details of a potential alliance, but said talks with Ford are going well.
A Ford spokeswoman said: “Our talks with Volkswagen continue. Discussions have been productive across a number of areas. We will share updates as details become more firm”.
