Ford and Volkswagen expand global collaboration to include EVs, invest in Argo AI
Green Car Congress
JULY 12, 2019
The car-maker is planning to use this platform to build approximately 15 million cars for the Volkswagen Group alone in the next decade. As part of the transaction, Volkswagen also will purchase Argo AI shares from Ford for $500 million over three years. For Ford, using Volkswagen’s MEB architecture is part of its more than $11.5
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