Tag: VW

Ford and VW Agree to Share Costs of Self-Driving and Electric Cars

Ford Motor and Volkswagen said Friday they would team up to develop self-driving cars and share electric-car components, significantly broadening an existing alliance and illustrating how automakers are putting aside rivalries to manage the astronomical cost of new technologies. The agreement calls for Volkswagen to purchase a stake in a Ford-backed start-up that is developing… Continue reading Ford and VW Agree to Share Costs of Self-Driving and Electric Cars

VW and Ford in self-driving and electric car pact

Volkswagen and Ford have said they will work together on developing self-driving and electric cars in an attempt to reduce costs on new technologies. VW plans to invest $2.6bn (£2.1bn) in Ford’s self-driving unit, which is valued at $7bn. The move comes after the duo said in March they would build vans together. The two… Continue reading VW and Ford in self-driving and electric car pact

Our New Partner: Volkswagen AG Invests $2.6

By Bryan Salesky, CEO and Co-Founder, Argo AI 12 July 2019, US, NYC: Jim Hackett, CEO of Ford, Bryan Salesky, CEO of Argo AI, Herbert Diess, CEO of VW When we formed Argo AI more than two years ago, our mission was clear: make transportation safer, more accessible, affordable and convenient by developing self-driving vehicles… Continue reading Our New Partner: Volkswagen AG Invests $2.6

VW CEO says Ford will pay ‘set by set’ to use MEB Eelectric vehicle platform

DETROIT, July 12 (Reuters) – Ford CEO Hackett says Ford, Volkswagen will share data generated by self-driving software company Argo AI Volkswagen CEO Diess says revenues from electric cars produced in cooperation with Ford to reach up to $10 bln within next 6 years Argo AI CEO Salesky says hopes to begin testing autonomous vehicles… Continue reading VW CEO says Ford will pay ‘set by set’ to use MEB Eelectric vehicle platform

LG Chem To Build Second Battery Factory In The U.S.

The location could be Kentucky or Tennessee. Production expected from 2022 on. LG Chem is expected to build a second lithium-ion cell plan in the U.S. as the plug-in electric car market expands. The South Korean manufacturer already produces batteries in Michigan, as well as in South Korea, China and Poland. The decision about the… Continue reading LG Chem To Build Second Battery Factory In The U.S.

Ford – Volkswagen expand their global collaboration to advance autonomous driving, electrification and better serve customers

●      Volkswagen to join Ford in investing in Argo AI, the autonomous vehicle platform company, at a valuation of more than $7 billion. Tie-up allows both automakers to independently integrate Argo AI’s self-driving system into their own vehicles, delivering significant global scale ●      Ford will use Volkswagen’s electric vehicle architecture and Modular Electric Toolkit (MEB)… Continue reading Ford – Volkswagen expand their global collaboration to advance autonomous driving, electrification and better serve customers

Ford – Volkswagen expand their global collaboration to advance autonomous driving, electrification and better serve customers

Volkswagen to join Ford in investing in Argo AI, the autonomous vehicle platform company, at a valuation of more than $7 billion. Tie-up allows both automakers to independently integrate Argo AI’s self-driving system into their own vehicles, delivering significant global scale Ford will use Volkswagen’s electric vehicle architecture and Modular Electric Toolkit (MEB) to design… Continue reading Ford – Volkswagen expand their global collaboration to advance autonomous driving, electrification and better serve customers

Reopening of renovated test tracks at the Nardò Technical Center

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