Alva Review-Courier -

VW, Ford team up to make autonomous, electric vehicles

 


NEW YORK (AP) — Volkswagen will invest $2.6 billion into a Pittsburgh autonomous vehicle company mostly owned by Ford. The automakers who were once rivals are deepening their partnership to develop driverless and electric vehicles in an ultra-competitive landscape. They will become equal owners of Argo AI and plan to put autonomous vehicles on the roads in the U.S. and Europe. The deal includes a plan for Ford to use VW's electric vehicle platform to build zero-emissions cars for the European market.

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