Volkswagen will share electric car platform with Ford | Calamatta Cuschieri

Ford and VW electric and driverless tech deal reportedly imminent

Volkswagen will share electric car platform with Ford, says Reuters

Although Ford was an early leader in hybrid technology, in recent years it has lagged behind other large automakers when it comes to electrification, particularly VW (which has a highly aggressive plan to build battery EVs at scale).

Ford (F.N) and Volkswagen (VOWG_p.DE) have reached an outline agreement to share electric and autonomous auto technologies, extending their alliance beyond a cooperation on commercial vehicles, a source familiar with the matter said on Friday.

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Volkswagen and Ford Motor Company are reportedly near a deal that will allow for additional collaboration between the two automakers.

The talks have reached an "outline agreement" that will be discussed by Volkswagen's supervisory board, according to Reuters.

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A spokesman for Volkswagen declined to comment on the details of the alliance but said talks with Ford were progressing well.

On the side of Ford, a spokeswoman said: "Our discussions with Volkswagen are continuing". Further details could be hashed out at a meeting next week, we're told.

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Ever since Volkswagen and Ford announced that they will be working together on commercial vehicles, there were already rumors about them possible working on more projects together and we can finally learn what is next.

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