Ford Motor Co. is nearing a decision to license Volkswagen AG’s electric-car technology for a second model to be sold in Europe, people familiar with the matter said, a move that would deepen ties between two of the world’s largest automakers. Talks regarding Ford using VW’s underpinnings — known as MEB — for another electric vehicle could lead to an agreement in the coming weeks, said the people, who asked not to be identified because the negotiations are private. Ford has already said it plans to produce a car using MEB in Cologne, Germany, from 2023. “As we have said previously, there is the potential for a second all-electric vehicle based on the MEB platform to be built at….
Read The Rest Of This Article Below
Ford Nears Decision to License VW Tech for a Second European EV
(Bloomberg) — Ford Motor Co. is nearing a decision to license Volkswagen AG’s electric-car technology for a second model to be sold in Europe, people familiar with the matter said, a move that would deepen ties between two of the world’s largest automakers.