VW and Ford reach outline agreement to share electric, autonomous tech, says source

By REUTERS | 6 July 2019


FRANKFURT/DETROIT: Ford and Volkswagen have reached an outline agreement to share electric and autonomous car technologies, extending their alliance beyond a cooperation on commercial vehicles, a source familiar with the matter said on Friday.

VW will share its MEB electric vehicle platform with Ford, the source said.

Volkswagen’s supervisory board is due to discuss deepening the alliance at a meeting on July 11, said a second source.

A VW spokesman declined to comment on the details of a potential alliance but said that talks with Ford are progressing well.

A Ford spokesman said, “Our talks with Volkswagen continue. Discussions have been productive across a number of areas. We’ll share updates as details become more firm.”

Keywords