Ford plans to sell 600,000 VW-based EVs in Europe

Volkswagen CEO Herbert Diess, left, and Ford CEO Jim Hackett, appear in a prototype MEB vehicle after announcing their electric and autonomous vehicles cooperation at a news conference in New York City. (HANDOUT/REUTERS)

Sa

By:

Staff and wire reports

July 12, 2019 12:02 PM

Ford Motor will develop battery-powered cars based on Volkswagen Group's MEB electric platform in Germany, and VW will invest $2.6 billion in Ford's Argo AI self-driving unit.

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