Ford, VW join forces on electric, autonomous cars

World News: . []

Ford, VW join forces on electric, autonomous carsFord and Volkswagen joined forces to develop autonomous and electric cars on Friday and said they were also looking at other areas of cooperation, deepening a global alliance to slash development and manufacturing costs. Ford and VW have already started cooperating in the area of commercial vehicles as part of the auto industry's broader effort to redraw production and sales footprints to cope with more stringent regulation and fragmented markets. VW will invest $2.6 billion into Argo AI, Ford's self-driving cars venture, and Ford will build an electric car using VW's MEB electric vehicle platform, the companies said.


Read More: https://news.yahoo.com/ford-volkswagen-join-forces-electric-120614101.html

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