VW and Ford partner on AV tech and EVs

Volkswagen and Ford are expanding their global alliance to focus on autonomous vehicles (AV) technology and electric vehicles (EVs). VW is to invest $2.6 billion in Argo AI, an AV technology company backed by Ford. The partners will integrate Argo AI’s self-driving system into purpose-built vehicles to support initiatives focused on moving people and goods. As part of the deal, Ford is to use VW’s EV architecture and Modular Electric Toolkit - or MEB - to deliver zero-emission vehicles in Europe f
July 18, 2019 Read time: 1 min

994 Volkswagen and 278 Ford are expanding their global alliance to focus on autonomous vehicles (AV) technology and electric vehicles (EVs).

VW is to invest $2.6 billion in Argo AI, an AV technology company backed by Ford.

The partners will integrate Argo AI’s self-driving system into purpose-built vehicles to support initiatives focused on moving people and goods.

As part of the deal, Ford is to use VW’s EV architecture and Modular Electric Toolkit - or MEB - to deliver zero-emission vehicles in Europe from 2023.

Ford is hoping to deliver more than 600,000 vehicles using the MEB architecture over six years, with a second Ford model.

VW CEO Dr. Herbert Diess says: “Scaling our MEB drives down development costs for zero-emissions vehicles, allowing for a broader and faster global adoption of EVs.”

For more information on companies in this article

Related Content

  • Moscow summit urges transit change
    June 11, 2019
    Moscow summit urges transit change
    Read More
  • IBTTA summit hits right notes in Salzburg
    December 5, 2018
    In the birthplace of Mozart, Colin Sowman found that delegates at the IBTTA’s inaugural World Tolling Summit were playing a variety of interesting tunes The first World Tolling Summit took place in Salzburg, Austria this autumn. Created and organised by the International Bridge Tolling and Turnpike Association (IBTTA), the event was supported by its European counterpart Asecap and hosted by Austria’s tolling authority, Asfinag. The transfer of views, experience and practice both ways across the Atl
    Read More
  • UK government: compulsory installation of EV charge points and insurance for AV drivers
    October 19, 2017
    Motorway services and large petrol retailers will have to install charge points for electric vehicles (EVs), under the UK Government's Automated and Electric Vehicles Bill, presented by transport minister John Hayes. In addition, official research estimates that the market for driverless vehicles will be worth £50 billion ($66 billion) by 2035. The bill will increase the access and availability of charge points for EVs, which will have to be ‘smart,' meaning that they can interact with the grid to manage
    Read More
  • Cop26: Gridserve announces 'net-zero' network 
    November 9, 2021
    Firm is to share 'Sun to Wheel' ecosystem knowledge to enable global EV charging roll-out
    Read More

Highlighted Content