According to Volkswagen CEO Diess, the partners are also examining other forms of cooperation. The cooperation partners emphasize that their alliance does not provide for capital links between the two manufacturers.
Ford will be one of the first car manufacturers outside the Volkswagen Group to use Volkswagen's electric drive system for at least one of its models. This is the so-called modular electric drive system (MEB), in the development of which VW has invested the equivalent of around $7 billion since 2016. At the beginning of 2019, Volkswagen announced that it would also open the technology for the MEB to competitors.
From 2023, the emission-free Ford model developed on the basis of VW technology and mass-produced will be delivered in Europe. Ford expects to sell 600,000 of these vehicles in Europe within six years and is considering launching a second model of this type on the European market.