- Ford and VW likely to collaborate for development of EVs and autonomous tech
- Speculation rife on the deal since the two signed an MoU in June 2018
- VW to invest around Rs 3.6 trillion for EV development by 2023
Volkswagen AG and Ford Motor Company, two of the largest carmakers in the world, are planning to enter into strategic partnerships for development of autonomous and electric vehicles globally.
At its annual board meeting press conference held recently, VW management officially announced the development of commercial vehicles (CV) in collaboration with Ford, while also hinting at the “potential collaboration” for electric and autonomous mobility.
Meanwhile, Audi and Porsche are also collaborating on the Premium Platform Electric (PPE) for the premium segment. Since it is still early days, we are not sure if Ford would share platforms with VW for its own future EV lineup or not. But such a possibility cannot be denied. Closer to home in India, Ford has already entered into a strategic partnership with Mahindra for sharing BSVI engines and development of connected car solutions. However, recent reports have also pointed towards significant collaborations between the two for electric vehicle development as well. Where Ford would provide vehicle platforms for the upcoming cars, Mahindra Electric will design all the powertrain and charging components. As it is evident now, the global mobility landscape is evolving at a significant rate and with the influx of electric and connected cars from non conventional players such as Tesla, the global automotive giants now seem to find teaming up a much better way to handle the disruption. However, it would be interesting to see how these synergies pan out in terms of future products? We hope to see a lot of interesting new cars and SUVs to come to fore as a result for sure.
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