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Ford and Volkswagen expand global collaboration to include EVs, invest in Argo AI

Green Car Congress

Ford Motor Company and Volkswagen AG are expanding their global alliance to include electric vehicles—and will collaborate with Argo AI to introduce autonomous vehicle technology in the US and Europe. Volkswagen is joining Ford in investing in Argo AI, the autonomous vehicle technology platform company. Earlier post.).

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Ford continues executive shuffling in wake of replacement of CEO; Marakby back from Uber to lead electrification

Green Car Congress

On Monday, Ford Motor Company announced the immediate replacement of Mark Fields as CEO by Jim Hackett, who had led Ford Smart Mobility LLC since March 2016. Ford also announced changes in roles for three top executives: Jim Farley (Global Markets), Joe Hinrichs (Global Operations) and Marcy Klevorn (Mobility).

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As Electric Car Makers Ante Up Billions, Software Is Ace in the Hole

Cars That Think

Since then Daimler , Ford Motor Company , General Motors , Stellantis and Volkswagen Group, have committed an additional $152 billion in investments, a sum four times their combined 2019 operating profits. Furthermore, BMW does not believe customers will purchase an EV based on its underlying EV platform alone.