Ford and Volkswagen signed a cooperation in the field of electric vehicles

Ford and Volkswagen merged into a “global Alliance”, which involves partnership and collaboration in the creation of cars.

The official deal is focused on partnership in the development of commercial vans and midsize pickup trucks for the global market from 2022, but the company is also considering expansion in the production of electric vehicles and Autonomous technologies.

According to reports, the partnership will be governed by a joint Committee, composed of executives of both companies.

Ford is the fifth largest car manufacturer in the world — will develop and produce the mid-size pickups and larger commercial vans for European customers.

Volkswagen is the second largest car manufacturer in the world — will be responsible for the development and design of a city van.

Reuters also reported that the head of Volkswagen confirmed that the two companies signed a “Memorandum of understanding” on the joint development of electric and Autonomous vehicles.

In a press release for partners in the electric mobility sector is described rather vague. Indicates only that the Alliance is still studying the possibility of cooperation in certain areas, so clearly outline the company’s plans to build electric vehicles.

According to the latest news of the two companies on electric cars, I wonder the following: the new strategy involves the production of Ford electrified versions of all new cars for the European market, VW is investing $ 800 million in us plant for the production of electric vehicles in Chattanooga.

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