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Ford Nears Decision To License Volkswagen's Tech For Second European EV: Report

Ford is in talks with Volkswagen to license the latter's electric-vehicle technology for a second model to be sold in Europe, and reportedly they are nearing an agreement in the coming weeks.
car&bike Team
car&bike Team
1 min read
2021-04-30 18:00:44
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Ford Nears Decision To License Volkswagen's Tech For Second European EV: Report

Ford Motor Co is nearing a decision to license Volkswagen AG's electric-vehicle technology for a second model to be sold in Europe, Bloomberg News reported on Thursday, citing people familiar with the matter.

The talks could lead to an agreement in the coming weeks, the report said.

Ford and Volkswagen did not immediately respond to Reuters requests for comment.

Also Read: Volkswagen Virtus Review: 1.0 TSI And 1.5 TSI Automatics Driven

(This story has not been edited by NDTV staff and is auto-generated from a syndicated feed.)

# Volkswagen# Ford# electric vehicle# Ford Electric Vehicles# VW electric Car tech# Electric Mobility# Auto Industry# Electric Cars

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