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© dpa Volkswagen and Ford announce global alliance for electrification and autonomous driving
Since July 2019 it has been clear: Volkswagen and Ford have joined forces in autonomous driving, electric cars and light commercial vehicles . The contracts are now signed. As announced,
Volkswagen has entered the Ford subsidiary Argo AI with billions of dollars. The two car giants want to share costs in the development of technology for autonomous driving. In addition, the partners also signed their contracts for cooperation in electric cars and light commercial vehicles, as announced on Wednesday. The Wolfsburg supervisory board finally approved the project at the end of May. The corporations have been talking to each other for a long time, specifically they agreed on the scope of cooperation in July last year .
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The alliance is one of the most important projects by VW boss Herbert Diess. "This collaboration will efficiently reduce development costs, enable more electric and commercial vehicles to spread worldwide, and significantly strengthen the position of both companies," he said.
Volkswagen is investing around one billion US dollars (884 million euros) in financial resources in Argo and will bring its own autonomous business AID with an additional value of 1.6 billion dollars to the partnership. Argo is to develop software and technology for autonomous driving of cars.
Ford wants to build an electric car on a VW platform basis
In addition, Ford wants to build its own electric car in Europe from 2023 on the basis of Volkswagen's electric platform. With this, Volkswagen wants to recoup part of the multi-billion euro investments in the so-called MEB (Modular E-Drive Kit). The US manufacturer currently plans to deliver more than 600,000 vehicles of the new model over several years.
Ford is also designing the next medium-sized Amarok pickup that VW subsidiary VW Nutzfahrzeuge (VWN) plans to build from 2022. In addition, a common city delivery van and later a common van in the one-ton loading segment are planned from next year. Around eight million vehicles are to be developed and produced for commercial vehicles alone. dpa
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