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Ford And VW Deepen A Marriage Of Convenience With Electric, Autonomous Car Alliance

On Jul 12, 2019
@Forbes shared
For Ford and Volkswagen, the investments announced today deepen the global competitors’ financial marriage of convenience https://t.co/B6Rq7UCR9p https://t.co/d6Wt78yi1f
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To that end, Volkswagen said it would join Ford in financially supporting autonomous platform company Argo AI, by investing $2.6 billion in the startup and will buy shares in the company from Ford for $500 million over three years.

www.forbes.com
On Jul 12, 2019
@Forbes shared
For Ford and Volkswagen, the investments announced today deepen the global competitors’ financial marriage of convenience https://t.co/B6Rq7UCR9p https://t.co/d6Wt78yi1f
Open

Ford And VW Deepen A Marriage Of Convenience With Electric, Autonomous Car Alliance

To that end, Volkswagen said it would join Ford in financially supporting autonomous platform company Argo AI, by investing $2.6 billion in the startup and will buy shares in the company ...



On Jul 11, 2019
@Automotive_News shared
Ford, Volkswagen to share details on EV, AV alliance Friday https://t.co/yjeDrujZhw https://t.co/8ahJHLhgLm
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Ford, Volkswagen to share details on EV, AV alliance Friday

Details of an agreement are expected to be outlined Friday after months of discussion between the two automakers on how to share the burdens of investing in electric and autonomous vehicles.

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