Volkswagen and Ford Motor Company are reportedly near a deal that will allow for additional collaboration between the two automakers. The additional collaboration is expected to be around autonomous technology and electric vehicles.
Sources familiar with the negotiations between the two automakers tell Reuters the two automakers have reached a tentative agreement that will allow for Ford to leverage Volkswagen’s MEB electric vehicle architecture. The MEB architecture is slated to be VW’s primary vehicle platform in the future, underpinning all of the company’s battery-electric vehicles.
While a framework deal appears to have been agreed upon, Volkswagen’s supervisory board is slated to discuss the proposed deepening alliance at a meeting on July 11th.
Both automakers decline to comment regarding the report. Ford and Volkswagen previous announced an alliance around commercial vehicles, but have been transparent in their desire to deepen their alliance specifically around autonomous and electric vehicle technology.