Ford to build electric cars on VW’s MEB platform in 2023

Ford will “design and build at least one high-volume fully electric vehicle in Europe” using VW’s MEB platform in 2023

Ford VW merger

Ford has confirmed it will “design and build at least one high-volume fully electric vehicle in Europe” using Volkswagen’s Modular Electric Toolkit (MEB) platform within the next few years.

Starting in 2023, Ford will become the first manufacturer outside of the Volkswagen Group to use the MEB platform to deliver a high-volume EV in Europe, expecting to deliver more than 600,000 examples of such cars to European customers over the course of six years.

• Ford to cut thousands of jobs

The VW Group has invested around $7 billion in its MEB platform since 2016 and plans to build some 15 million cars on it in the next decade. Ford’s use of the platform is part of its own $11.5 billion investment in EVs; it hopes the move will allow it to offer European customers a broad range of EVs while simultaneously meeting its commitments on sustainability.

Volkswagen CEO Dr Herbert Diess commented: “Looking ahead, even more customers and the environment will benefit from Volkswagen’s industry-leading EV architecture. Our global alliance is beginning to demonstrate even greater promise, and we are continuing to look at other areas on which we might collaborate.

“Scaling our MEB drives down development costs for zero-emissions vehicles, allowing for a broader and faster global adoption of electric vehicles. This improves the positions of both companies through greater capital efficiency, further growth and improved competitiveness.”

The two manufacturers have also announced a joint investment in autonomous vehicle technology firm Argo AI. The brands will have an equal share in the $7 billion firm, giving them a substantial joint majority to help them develop their own driverless vehicle technologies.

Best electric cars to buy

Jim Hackett, CEO of Ford, said: “While Ford and Volkswagen remain independent and fiercely competitive in the marketplace, teaming up and working with Argo AI on this important technology allows us to deliver unmatched capability, scale and geographic reach.

“Unlocking the synergies across a range of areas allows us to showcase the power of our global alliance in this era of smart vehicles for a smart world.”

In addition, Ford and Volkswagen reiterated the fact they are on course to start delivering medium pickup trucks for global customers in 2022, followed by commercial vans.

Do you think a partnership between Ford and VW will be a good thing? Let us know in the comments below...

Recommended

VW settles ‘class action’ over dieselgate for £193m
Volkswagen

VW settles ‘class action’ over dieselgate for £193m

91,000 drivers - and lawyers - to share payout after Volkswagen opts to avoid court hearing
25 May 2022
Best German modern classic cars 2022
Best German modern classics - header image
Modern classics

Best German modern classic cars 2022

Investing in a modern classic from Germany could be a shrewd financial decision. Here’s our pick of the best current options
24 May 2022
Tory no-show at ‘fair fuel prices’ debate sparked by 102k-signature petition
News

Tory no-show at ‘fair fuel prices’ debate sparked by 102k-signature petition

As the public calls for action, the treasury points to ‘savings’ from a 2010 fuel price escalator freeze
24 May 2022
Future classics 2022: car investments that could make you money
Future classics - header image
Best cars & vans

Future classics 2022: car investments that could make you money

Identifying future classic cars is a tricky but potentially lucrative business, here are our future classic recommendations
23 May 2022

Most Popular

Citroen Ami on sale in the UK this summer from £7,695
Citroen Ami UK - front static
Citroen Ami

Citroen Ami on sale in the UK this summer from £7,695

The compact quadricycle is pricier than first thought, but the Citroen Ami will still be the UK’s cheapest ‘car’
24 May 2022
New Toyota GR86 2022 review
Toyota GR86
Toyota GR86

New Toyota GR86 2022 review

The GT86 has evolved into the GR86, gaining a bigger engine, a stiffer shell and chassis tweaks. Is it now affordable sports car perfection?
26 May 2022
New SsangYong Musso Saracen 2022 review
SsangYong Musso Saracen - front tracking
SsangYong Musso

New SsangYong Musso Saracen 2022 review

The 2022 SsangYong Musso pickup features sharper looks and a new diesel engine
25 May 2022