Ford, Volkswagen sign agreements for joint projects on EVs and autonomous driving
Ford Motor Co. and Volkswagen AG signed agreements to leverage their respective strengths in midsize pickup trucks and commercial and electric vehicles. Plans for the agreements were first announced by the automakers last July.
According to the automakers, the alliance will:
Produce a medium pickup truck engineered and built by Ford, for sale by Volkswagen as the Amarok starting in 2022 within the Volkswagen Commercial Vehicles lineup
Further strengthen the commercial-vehicles businesses of both companies as early as 2021 – with a city delivery van based on the latest Caddy model, developed and built by Volkswagen Commercial Vehicles and later a 1-ton cargo van created by Ford, and
Lead to a highly differentiated Ford electric vehicle for Europe by 2023 built on Volkswagen’s Modular Electric Drive, or MEB, toolkit, expanding on Ford’s zero-emission capabilities in the region.
“Commercial vehicles are fundamental to Ford today and an area where we will accelerate and grow, and working with Volkswagen on these platforms will provide both of us significant financial advantages in things like engineering, and plants and tooling,” said Jim Farley, Ford Chief Operating Officer. “Separately, Ford will add battery electric versions of Transit and F-150 in the next 24 months for commercial customers who increasingly need zero emissions and the power of connectivity, data, and artificial intelligence.”
Ford’s use of Volkswagen’s MEB architecture in Europe will represent another aspect of Volkswagen’s electric vehicle strategy. Both companies say they plan to explore additional ways to cooperate on electric vehicles.
Over several years starting in 2023, Ford could deliver 600,000 electric vehicles atop the MEB architecture, which is designed to combine space and performance with electric drive. The vehicle, which will be designed and engineered by Ford in Cologne-Merkenich, will add another nameplate to its own all-electric Mustang Mach-E, which will be introduced in 2021.
Additionally, the automakers will both work with Argo AI to form autonomous-vehicle businesses based on Argo AI’s self-driving technology. Last week, Volkswagen closed its previously announced investment in the Pittsburgh-based company in which Ford already had ownership and development interests.
The Volkswagen/Ford alliance does not include cross-ownership between the companies, which will remain competitors in the marketplace.
For more information, visit corporate.ford.com.