Report: Ford, VW to Expand Joint EV-Program
Ford Motor Co. appears likely to decide soon on details of a plan to expand its use of Volkswagen AG’s electric-vehicle platform.
Ford of Europe President Stuart Rowley notes that producing only one electric model isn’t financially feasible. He tells German business daily Handelsblatt that Ford and VW could announce details soon about new EVs.
Ford announced in July that it will use VW’s EV-specific “MEB” chassis for its first European all-electric vehicle, which will debut in 2023. At the time, Ford said it intends to sell more than 600,000 MEB-based vehicles in Europe by 2029.
VW has spent $7 billion to develop its MEB platform, which will be used for EVs sold by its Audi, SEAT, Skoda and VW brands.
Last week Ford said that more than half the cars it sells in Europe will be electrified by the end of 2022.
Although the term “continuous improvement” is generally associated with another company, Honda is certainly pursuing that approach, as is evidenced by the Accord, which is now in its ninth generation.
Making improvements to existing engines, as well as working toward something entirely different.
Hyundai's product onslaught continues with a new compact that's bigger, more stylish and more efficient than its predecessor. And its development cycle is faster than the competition.