Ford and Volkswagen expand global collaboration to include EVs, invest in Argo AI
Green Car Congress
JULY 12, 2019
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. As part of the transaction, Volkswagen also will purchase Argo AI shares from Ford for $500 million over three years.
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