The relationship between Ford and Volkswagen may be expanding deeper with a recent report that suggests it could be planning an EV based on the German brand’s MEB architecture. This is being put together as an attempt to accelerate the brand’s EV strategy and market share in the European market.
Sourcing information from a number of unnamed insiders, Bloomberg reports that Ford could come to an agreement with Volkswagen within the coming weeks and could be ready for production by 2023.
“As we have said previously, there is the potential for a second all-electric vehicle based on the MEB platform to be built at Cologne, and that is still under consideration,” Ford Europe said in an emailed statement to the publication. Volkswagen declined to comment on the subject.
The alliance between these two manufacturers began in 2018 and will be officially launched with the arrival of the next generation Ford Ranger and Volkswagen Amarok which will share the same platform.
Ford’s Chief Executive Officer Jim Farley was one of the driving forces behind the recently revealed plans to build a $185 million battery research lab in Michigan with the goal of producing its own power source for future EV products.
“This only starts to hint at our electric-vehicle ambitions,” Farley said during an earnings call Wednesday. “There is so much more to come.”