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Volkswagen’s board approves multi-billion dollar alliance with Ford to develop electric & commercial vehicles

German carmaker Volkswagen AG said on Thursday its supervisory board had approved several projects in a multibillion-dollar alliance with U.S. automaker Ford Motor Co that was first announced last July. The collaboration between the two automakers is one of the biggest partnerships of its kind in the auto industry and will include the sharing of technology to jointly build electric vehicles.

https://m.futurecar.com/3952/Volkswagens-Board-Approves-Multi-Billion-Dollar-Alliance-with-Ford-to-Develop-Electric-&-Commercial-Vehicles

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