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Volkswagen, Ford Motor in talks to develop self-driving, EV: Source

VW and Ford are under pressure to roll out more EVs in Europe, where emissions rules are being tightened

Ford Motor  |  Electric Vehicles  |  Honda Motor Co

Reuters  |  Frankfurt/Detroit 

Volkswagen AG and Ford Motor Co are in "exploratory talks" to jointly develop self-driving and electric vehicles in a far-reaching strategic alliance meant to save the companies billions of dollars, according to a person familiar with the matter. The German and US automakers are expected to provide an update on the progress of the talks before year-end, said the person, who asked not to be identified. Spokesmen for both automakers would only reiterate what they have said before about the companies collaborating on the development of commercial vehicles. "Our ...

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First Published: Thu, November 01 2018. 11:11 IST