With the global pandemic bringing the automotive industry to its knees, Volkswagen AG and Ford Motor Co. are keener than ever to move beyond an initial agreement to join forces and are pushing ahead with plans to team up on electric and self-driving vehicles.
Both sides recognize a need to share the large investments needed to develop battery-powered and autonomous cars. The industry is going to be forced to consolidate the number of powertrain types they choose to develop going forward.
Ford intends to produce at least one mass-market car in Europe based on VW’s main electric-vehicle underpinnings, dubbed MEB, with more than 600,000 targeted deliveries over six years. VW’s first car based on the new technology, the ID.3 hatchback, will be rolled out this summer. The SUV sibling called ID.4 is set to follow later this year.
Read the article at The Detroit News.
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