Ford – Volkswagen expand their global collaboration

Ford – Volkswagen expand their global collaboration

12.07.2019: ...to advance autonomous driving, electrification and better serve customers Volkswagen to join Ford in investing in Argo AI, the autonomous vehicle platform company, at a valuation of more than $7 billion. Tie-up allows both automakers

...to advance autonomous driving, electrification and better serve customers






  
Volkswagen to join Ford in investing in Argo AI, the autonomous vehicle platform company, at a valuation of more than $7 billion. Tie-up allows both automakers to independently integrate Argo AI’s self-driving system into their own vehicles, delivering significant global scale

  
Ford will use Volkswagen’s electric vehicle architecture and Modular Electric Toolkit (MEB) to design and build at least one high-volume fully electric vehicle in Europe for European customers starting in 2023, more efficiently advancing its promise to deliver expressive passenger cars while taking advantage of Volkswagen’s scale

  
Ford and VW on track to develop commercial vans and medium pickups for each brand in select global markets starting in 2022; sharing development costs to generate significant synergies

  
The Volkswagen-Ford global alliance – which does not involve cross-ownership between the companies – is expected to create annual efficiencies for each company




Ford Motor Company and Volkswagen AG today announced they are expanding their global alliance to include electric vehicles – and will collaborate with Argo AI to in-troduce autonomous vehicle technology in the U.S. and Europe – positioning both companies to better serve customers while improving their competitiveness and cost and capital efficiencies.



Volkswagen CEO Dr. Herbert Diess, Ford President and CEO Jim Hackett as well as Argo AI CEO Bryan Salesky announced Volkswagen is joining Ford in investing in Argo AI, the autonomous vehicle technology platform company.



Working together with Ford and Volkswagen, Argo AI’s self-driving system (SDS) is the first with commercial deployment plans for Europe and the U.S. Plus, being able to tap into both automakers’ global reach, Argo AI’s platform has the largest geographic deployment potential of any autonomous driving technology to date. Volkswagen and Ford independently will integrate Argo AI’s SDS into purpose-built vehicles to support the distinct people and goods movement initiatives of both companies.



Argo AI’s focus remains on delivering a SAE Level 4-capable SDS to be applied for ride sharing and goods delivery services in dense urban areas.


Ford and Volkswagen will have an equal stake in Argo AI, and combined, Volkswagen and Ford will own a substantial majority. The remainder will be used as an incentive pool for Argo AI employees. The full transaction is subject to regulatory approvals and closing conditions.



“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,” Hackett said. “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.”


Company leaders also announced Ford will become the first additional automaker to use Volkswagen’s dedicated electric vehicle architecture and Modular Electric Toolkit – or MEB – to deliver a high-volume zero-emission vehicle in Europe starting in 2023.


Ford expects to deliver more than 600,000 European vehicles using the MEB architecture over six years, with a second all-new Ford model for European customers under discussion. This supports Ford’s European strategy, which involves continuing to play on its strengths – including commercial vehicles, compelling crossovers and imported iconic vehicles such as Mustang and Explorer.



Volkswagen started developing its MEB architecture in 2016, investing approximately $7 billion in this platform. The car-maker is planning to use this platform to build approximately 15 million cars for the Volkswagen Group alone in the next decade.


For Ford, using Volkswagen’s MEB architecture is part of its more than $11.5 billion investment in electric vehicles worldwide – and supports Ford’s commitment to offer its European customers a broad range of electric vehicles while meeting its sustainability commitments.



“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,” Diess said.



“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 alliance, which covers collaborations outside of Volkswagen and Ford’s joint investments in Argo AI, does not entail cross-ownership between the two companies and is independent from the investment into Argo AI. The alliance is governed by a joint committee, which is led by Hackett and Diess and includes senior executives from both companies.



The companies also are on track to deliver medium pickup trucks for global customers, aiming to start in 2022, followed by commercial vans.





Equal Shareholders in Argo AI



Volkswagen will invest $2.6 billion in Argo AI by committing $1 billion in funding and contributing its $1.6 billion Autonomous Intelligent Driving (AID) company, which includes more than 200 employees – most of whom have been developing self-driving technology for the Volkswagen Group.



As part of the transaction, Volkswagen also will purchase Argo AI shares from Ford for $500 million over three years. Ford will invest the remaining $600 million of its previously announced $1 billion cash commitment in Argo AI.



The full transaction represents a valuation for Argo AI that totals more than $7 billion.




Both automakers see significant potential, including profitable growth by tapping new business areas tied to autonomous technology.




Argo AI plans to work closely with Ford and Volkswagen to provide the autonomous vehicle technology the automakers need to deliver fully integrated self-driving vehicles that can be manufactured at scale for safe, reliable and durable deployment in ride sharing and goods delivery services.



“Argo AI is fortunate to have a world-class teamdue to our clear mission and the commitment to deployment from our partners, and together with AID employees, we will have a global workforce toattract even more of the best talent,” said Salesky, co-founder of Argo AI. “Plus, thanks to Ford and Volkswagen, Argo AI technology could one day reach nearly every market in North America and Europe, applied across multiple brands and to a multitude of vehicle architectures.”



Based in Munich, Germany, AID will become Argo AI´s new European headquarters and will be led by AID’s current CEO Karlheinz Wurm. With the addition of AID employees, Argo AI will grow from 500 to over 700 employees globally.



In addition to its global headquarters in Pittsburgh, Pa., the new location marks Argo AI’s first engineering center in Europe and the fifth globally in addition to Dearborn, Mich.; Cranbury, NJ; and Palo Alto, Calif. Collaborating with Ford, Argo AI also is testing its technology in Miami and Washington, D.C., where together they plan deployment of commercial services.




Ford to Use Volkswagen’s MEB Electric Vehicle Architecture for 600,000 Vehicles



Ford plans to design an all-new, MEB-platform-based EV model, which starts arriving in 2023, in Köln-Merkenich, Germany. Volkswagen will supply MEB parts and components as part of the collaboration.



Both companies also will continue to target additional areas where they can work together on electric vehicles – a key strategic priority for both companies as they drive to accelerate the transition to sustainable and affordable mobility.
The agreement with Ford is a cornerstone in Volkswagen’s electric strategy, supporting the growth of the e-mobility industry and facilitating global efforts to reach the Paris 2050 Agreement.




Commercial Van and Pickup Collaboration On-Track



Ford and Volkswagen remain on track in their previously announced plan to improve their respective strengths in commercial vans and medium pickups in key global markets. The work on these vehicle lines will create significant efficiencies for each company.


Ford will engineer, source and build the previously announced medium pickup for both companies for customers in Europe, Africa, the Middle East, Asia Pacific and South America, with trucks expected to arrive in key markets as early as 2022.




For both companies, Ford intends to engineer, source and build larger commercial vans for European customers starting in 2022, and Volkswagen intends to develop, source and build a city van for sale in Europe and other select global markets.



Volkswagen and Ford have strong complementary commercial van and pickup businesses around the world, with popular models including the Ford Transit lineup and Ranger as well as the Volkswagen Transporter, Caddy and Amarok.



As both companies expect customer demand for medium pickups and commercial vans to grow globally in the next five years, collaborating on these key segments will allow better technologies and more innovation to reach their respective customers more quickly – with better plant capacity utilization.





Dr. Marc Langendorf - photos Volkswagen

Permanent-URL: http://www.automobilsport.com/ford-volkswagen-global-collaboration---193996.html

12.07.2019 / MaP

More News

DSM and Briggs Automotive Company announce collaboration on new Mono R supercar
10.07.2019
Companies will together showcase potential of 3D printing for car manufacturingRoyal DSM, a global science-based company in Nutrition, Health and Sustainable Living today announced a collaboration with Briggs Automotive Company (BAC), the British supercar manufactu more >>
Audi launches virtual reality-enabled car-buying experience
04.07.2019
•    First introduction of "Audi VR experience" as part of the Audi sales engagement•    Audi customer private lounge officially presented at Audi Centre Centurion•    VR headset lets more >>
Contract signed: BMW Group and Daimler AG launch long-term development cooperation for automated driving
04.07.2019
Initial goal: to develop technologies for driver assistance systems, highly automated driving on highways, and automated parking (all up to SAE Level 4) - Market launch in series vehicles scheduled for 2024 - Partners will implement technologies independently in their respective series vehicles - Cooperation involves over 1,200 development more >>
Yamaha Motor Begins Evaluation Trial of Low-Speed Autonomous Driving Vehicles in Iwata City
27.06.2019
Yamaha Motor and the Iwata City Council, Japan, announces today the beginning of an evaluation trial on public roads of low-speed autonomous driving vehicles.This trial is based on the "Partnership Agreement for Low-Speed Autonomous Driv more >>
BMW Group digital services at #NEXTGen.
25.06.2019
The digital BMW ecosystem: early insights into myBMW.The BMW Group #NEXTGen event provided exclusive background information on what the future holds for the myBMW digital ecosystem. All BMW Group and NOW services, along with mobili more >>
BMW VISION M NEXT
25.06.2019
Boost your moment - the future of driving dynamics at BMW.In future, drivers will be able to choose whether they wish to be driven or do the driving themselves. With the BMW Vision M NEXT, the BMW Group is reveali more >>
Groupe Renault and Nissan signe exclusive alliance deal with Waymo
20.06.2019
... to explore driverless mobility services Groupe Renault and Nissan to become the first automotive manufacturers to explore driverless mobility services with Waymo in France and JapanExclusive agreement to initially focus on driverless mo more >>
Roborace and Michelin’s Innovative Partnership Extended Into 2019
20.06.2019
Roborace is thrilled to announce the renewal of its partnership with Michelin, the world’s leading tyre manufacturer. Michelin has supported Roborace from its inception as one of the first partners to join the innovative series.  Miche more >>
Green Computing Performance: Volkswagen opens carbon neutral data center in Norway
19.06.2019
The new data center will be 100 percent powered by hydropower.    The data center will be 100 percent powered by hydropower – resulting in a savings of more than 5,800 tons of CO2 per year    The Volkswagen more >>
Renault and Nissan open the new Alliance Innovation Lab Tel Aviv
10.06.2019
    The new lab features a unique model of collaboration with Israeli startups and an exclusive partnership with the Israel Innovation Authority (IIA).    The facility is focused on developing sensors for autonomous driving, cyber security, and big data, complementing the other joint alliance innovation labs in Silicon Valley ( more >>
Leading Urbantech Startup accelerator - URBAN-X by Mini and URBAN US - launches sixth cohort
06.06.2019
Seven early-stage urbantech companies join MINI-backed accelerator to develop solutions that reimagine city life -- from activating public space, to energy efficient building design, to situational tracking for first responders and more.  more >>
BMW Group and Jaguar Land Rover announce collaboration for next-generation electrification technology
05.06.2019
-  BMW “Gen 5” eDrive technology supports future evolutions with Jaguar Land Rover -  Both companies share vision of future-oriented drive technologies As it develops its plans for the mobility of the future, the B more >>
Consumer demand for personalisation and tech advances drives innovation
05.06.2019
...in entertainment and media industry Now it’s getting personal. According to PwC’s Global Entertainment & Media Outlook 2019–2023, consumers are embracing the expanding more >>
SEAT teams up with Sónar+D to boost innovation and creativity
22.05.2019
    SEAT becomes Sónar and Sónar+D’s innovation partner    Sónar+D MasterClasses by SEAT, a new learning format designed to promote innovation and creativity    Global leaders in several sectors of creativity related with technology and innovation will be on hand during the more >>
AI for bee research: we4bee becomes part of the Microsoft ‘AI for Earth’ program
20.05.2019
The we4bee bee research project, which is supported by the Audi Environmental Foundation, has been included in Microsoft's “AI for Earth” program. we4bee aims to connect intelligent beehives equipped with sensors with the cloud in order to carry out long-term analyses of bee colonies and environmental data, and to investigate the effects of certain influences on bees using data-scie more >>
Audi - With virtual reality into the electric era
17.05.2019
Audi makes technicians worldwide fit for the e-tron    Innovative training methods for working with complex battery technology        Digital modular solution allows efficient use of VR and AR traini more >>
"KMH-1" ebnet Weg für Wasserstoffantrieb
16.05.2019
Britische Wissenschaftler ermöglichen kleinere, billigere, effizientere und stärkere Systeme  Wasserstoff-Auto: noch eine Seltenheit Forscher der Lanc more >>
Volkswagen at the 40th International Vienna Motor Symposium
16.05.2019
- autonomous vehicles, hybrid drives and the start of a new era in electric mobility Sensor system level 3    With the introduction of its 48-volt mild hybrid drive system, Volkswagen is entering the next phase o more >>
Porsche invests in software specialist Cetitec
09.05.2019
Software architecture for the sports car of the futureNew partner for the digital vehicle: Porsche is acquiring a majority stake in Pforzheim-based software company Cetitec. This is the Zuffenhausen sports car manufacturer’s response to t more >>
Nextsense presents handheld in-line gap measurement device with HDR function for the automotive industry
07.05.2019
For the first time, a gap measurement device cleverly combines the advantages of a flexible handheld measurement device with those of an automated measuring system. The latest development from Nextsense is an easy-to-use and location-independent handheld measurement device that is optimised for continuous operation directly in the line and represents a cost-effective alternative to full more >>
Williams Advanced Engineering showcases world-leading battery technology from racetrack to road
03.05.2019
•    Company at Battery Show Europe and Electric and Hybrid Vehicle Technology Expo, Stuttgart•    Focus on Williams’ battery management system leadership - “The Brains Behind the Battery” more >>
SEAT - An avatar on the assembly line
30.04.2019
•    SEAT has the only in-company biomechanics lab in Spain aimed at occupational health•    20 cameras and various sensors capture the motions of workers to study joints and muscular activity•    Virtual reality makes it possible to design an assembly line even before production begins on a model more >>
Nextsense präsentiert handgeführtes Inline-Spaltmessgerät für die Automobilindustrie mit HDR-Funktion
30.04.2019
Calipri C15 im EinsatzErstmals gibt es ein Spaltmessgerät, das die Vorteile eines flexiblen handgeführten Messgerätes mit jenen einer automatisierten Messanlage geschickt verknüpft. Die neueste Entwicklung aus dem Hause Nextsense ist ein ei more >>
Sharing Economy "überrollt" Österreich
30.04.2019
Travel Industry Club sieht differenzierten Regulierungsbedarf  Mobilität wird immer vielfältigerPhoto:  Travel Industry Club Austria im Palais Hansen Kempinski v.l.n.r. Andreas Novotny (Wavv), more >>
Autonome Autos: Mehr Fahrten bremsen Ökovorteil aus
19.04.2019
Da einzelne Fahrten günstiger werden, dürften Nutzer letztlich sogar mehr Energie verblasen  Selbstfahrende Autos sind zwar energieeffizient, ermutigen aber zu mehr Fahrten, was die V more >>
The new Porsche 911 - Innovations in body design
11.04.2019
Less weight and higher stability due to new composite components at the 911 CabrioletThe 911 Cabriolet has a lot to offer: its body features more innovative light-weight components than more >>
Seat promoted project: From the recycling bin to your fuel tank
09.04.2019
Circular economy  •    A project promoted by SEAT turns organic waste into biofuel•    An 80% reduction in CO2 and less waste are the benefits of this initiative• &nb more >>
Self-driving car handle hairpin turns like a race car
07.04.2019
  Do you think self-driving cars are the future of transportation? It is without a doubt that at the rate of technological advancements it will not be a surprise that you will be commuting to more >>
Groupe PSA continues its autonomous driving tests as part of the European L3Pilot project.
04.04.2019
•    Groupe PSA is continuing its autonomous driving trial runs. Since the start of April, the Group’s vehicles equipped with level 3* autonomous driving functions have been operating on open roads in France as part of the European L3Pilot project. Throughout the duration of the project, six to eight Group vehicles will undergo intensive driving tests to validate auton more >>
Volkswagen tests highly-automated driving in Hamburg
03.04.2019
First test drives in real driving conditions in major German city    Specially equipped fleet of e-Golf1 for automated driving to Level 4    Initiative is part of the strategic mobility partnership with the Hanseatic city    Axel Heinrich, Head of Group Research: “Test drives in an urban environmen more >>
The BMW Group and Microsoft launch the Open Manufacturing Platform.
02.04.2019
Companies are partners in a new initiative to drive open Industrial IoT development and help grow a community to build future Industry 4.0 solutions.    Technology framework and open community to share smart factory solutions across th more >>
Volkswagen starts “Faculty 73” training program for IT specialists
01.04.2019
100 participants started training at the beginning of March    Goal: software developers for the automotive industry    Federal Minister of Labor and Social Affairs, Hubertus Heil: “As one of the largest German companies, Volkswagen has recognized the sign of the times.” more >>
Volkswagen also to cooperate with Siemens for Industrial Cloud
29.03.2019
Volkswagen und Amazon Web Services are developing the Volkswagen Indus-trial Cloud together. Siemens is joining the cooperation as an integration partner.    Siemens to ensure the efficient networking of production systems, machinery a more >>
Volkswagen and Amazon Web Services to develop Industrial Cloud
27.03.2019
Volkswagen Group and Amazon Web Services are to develop the Volkswagen Industrial Cloud together.    Volkswagen Industrial Cloud will combine data of all machines, plants and systems from all the facilities of the Volkswagen Group  &n more >>
Innovative water treatment at Audi saves up to 500,000 cubic meters of fresh water a year
22.03.2019
Innovative water treatment at Audi saves up to 500,000 cubic meters of fresh water a year    New service-water supply center in operation        Three-stage water treatment using a membrane bioreactor        Rüdiger Recknagel, Head of Environmental Protection: “We more >>
World first: Groupe Renault starts piloting vehicle-to-grid charging in electric vehicles
22.03.2019
.... on a large scale     Groupe Renault, the European leader in electric vehicles, is beginning the first large-scale pilot schemes in alternating-current, vehicle-to-grid charging in electric vehicles.   more >>
Volkswagen 4.0 – the production systems of tomorrow
14.03.2019
...are being developed in the Gläserne Manufaktur in Dresden World first: The headliner for the e-Golf is now being fitted by a robot as standard.    The guiding principle: systems are tried and tested in the Gläsern more >>
High-tech soft top for the new Porsche 911 Carrera Cabriolet
14.03.2019
Innovative lightweight roof with Coupé characteristicsAn eye-catching feature on the new 911 Carrera Cabriolet* is the unique panel bow convertible top. Porsche traditionally places high demands on the conver-tible top of the 911. As for all other 911 model more >>
IFA Berlin 2018 record attendance - successful debut for Shift AUTOMOTIVE
11.03.2019
Record attendance of international visitors - order volumes positive – Unprecedented global media interest – IFA Global Markets successful 3rd edition – IFA NEXT doubles in size – Successful debut for Shift AUTOMOTIVECo-innovation, arti more >>

2001-2019 automobilsport.com full copyright