Ford and Volkswagen expand global collaboration to include EVs, invest in Argo AI
Green Car Congress
JULY 12, 2019
Volkswagen started developing its MEB architecture in 2016, investing approximately $7 billion in this platform. As part of the transaction, Volkswagen also will purchase Argo AI shares from Ford for $500 million over three years. Collaborating with Ford, Argo AI also is testing its technology in Miami and Washington, D.C.,
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