Tech

Electric cars, autonomous driving, commercial vehicles: VW and Ford partner up

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Volkswagen and Ford have sealed their partnership for collaboration on electric cars and light commercial vehicles. The automakers have now signed contracts for this.

In addition, as announced, Volkswagen has entered the Argo AI subsidiary worth billions. The two companies want to share the costs of developing the technology for autonomous driving. The companies have been talking to each other for a long time, and they had specifically agreed on the scope of the cooperation in July last year.



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The alliance is one of the most important projects by VW boss Herbert Diess. “Given the Covid-19 pandemic and its impact on the global economy, it is more important than ever to build resilient alliances between strong companies,” he said.

Volkswagen is investing around one billion US dollars (884 million euros) in financial resources in Argo and contributing its own subsidiary for autonomous driving AID to the partnership with an additional value of 1.6 billion dollars. Argo is to develop software and technology for the autonomous driving of cars and now has a branch in Munich.

In addition, Ford wants in Europe from 2023, according to the announcement

Build your own electric car based on Volkswagen’s Modular Electric Drive Modules (MEB). With this, Volkswagen wants to recoup part of the multi-billion euro investments in the MEB. The US manufacturer currently plans to deliver more than 600,000 vehicles of the new model over several years. Ford is also planning battery-powered versions of the Ford Transit and Ford F-150 for commercial vehicle customers over the next two 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 8 million commercial vehicles are to be developed and produced. (with material from dpa) /


(anw)

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