European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS
No Result
View All Result
European Business
No Result
View All Result
Home < INDUSTRIES Automotive

Volkswagen and Ford expand collaboration on MEB electric platform

by Marie Weil
March 15, 2022
A A
Share on LinkedinShare on Twitter
  • Ford to build another electric model based on the MEB platform
  • MEB volume to be doubled to 1.2 million units over lifecycle
  • Next step of strategic alliance with Ford on commercial vehicles, electrification and autonomous driving
  • Thomas Schmall: “Profitability and speed are now crucial for finally achieving the breakthrough of e-mobility in Europe.”

Ford Motor Company and the Volkswagen Group are expanding their e-mobility partnership. Ford plans to produce another electric model for the European market based on the MEB platform. The automaker will also double its planned MEB volume to 1.2 million units over a six-year timeframe. The agreement was signed as part of the strategic alliance between Volkswagen and Ford, which includes e-mobility, commercial vehicles and autonomous driving. Designed as an open vehicle platform, the MEB (Modular Electric Toolkit) allows car manufacturers to electrify their portfolio quickly and cost-effectively.

Thomas Schmall, Volkswagen Group Board of Management member for Technology and CEO of Volkswagen Group Components: “Profitability and speed are now crucial for finally achieving the breakthrough of e-mobility in Europe. We are tackling both together with Ford. Today’s agreement will further accelerate the electrification of the two companies. This is also proof of the strengths of the MEB, which provides a unique package of high-tech, competitive costs and speed in implementing projects. The electric platform is thus the ideal solution for companies looking to speed up their electrification.”

The first Ford model to use the MEB will be an all-electric crossover. It is expected to roll off the assembly line at the Ford Electrification Center in Cologne from 2023 and will give a further push to the automaker’s e-mobility strategy. Ford had originally planned just one model based on MEB with a total volume of around 600,000 units. The company has not yet released any details about the second planned model.

Stuart Rowley, Chair of Ford of Europe: “Our strategic alliance with Volkswagen is an important element of Ford’s commitment to offer an all-electric range of vehicles that are uniquely Ford and designed to meet the mobility needs of a modern Europe that is leading the fight against climate change.”

For Volkswagen, expanding the collaboration with Ford will take it one step closer to becoming a platform supplier for electric vehicles as a further pillar in addition to the core business. The MEB platform, which can be used by various brands and manufacturers, already provides the technology base for ten electric models from five brands. Used to build approximately 300,000 units in 2021, it is one of the leading electric platforms worldwide.

The MEB offers a high level of competitiveness while providing considerable freedom in design and model development. It covers a wide range of segments and vehicle types, from compact vehicles up to SUVs and vans. The most recent model based on the MEB is the Volkswagen ID. Buzz, which celebrated its world premiere last week. The MEB also offers a much more competitive cost base compared to other electric vehicles due to the utilization of economies of scale worldwide. It is mainly manufactured at the German locations of Volkswagen Group Components in Braunschweig, Kassel and Salzgitter.

To help achieve the breakthrough in e-mobility worldwide, Volkswagen shares the MEB and other Group platforms with partners. The newly created business unit “Platform Business” is responsible for these partnerships. Volkswagen’s future platform SSP will also be shared with partners; the use by various brands and manufacturers is already being taken into account in development from the outset.

Tags: < Partnership

Related Industries

Automotive

PowerCo and Umicore get official “go” to start joint venture for EU battery materials production

March 24, 2023
Automotive

Valeo receives an Innovation award for EverguardTM, the next generation wiper blade

March 24, 2023
Automotive

Stellantis and Crédit Agricole Consumer Finance Joint Venture Plans to Acquire Activities of ALD in Portugal and LeasePlan in Luxembourg

March 23, 2023
Automotive

Two Wins for Continental at this Year’s Tire Technology International Awards for Innovation and Excellence

March 23, 2023
Automotive

Efficient and high-performing vehicle architecture: Cooperation of Continental and Infineon

March 14, 2023
Automotive

Infineon and UMC extend automotive partnership with long-term agreement for 40nm eNVM microcontroller production

March 8, 2023

Amazon named as a “Top Employer 2023” in Europe

March 1, 2023

...

Interview with Vincent Graziani, CEO, IDEX Biometrics

March 2, 2023

...

BASF advances innovation pipeline with integrated solutions to accelerate agriculture’s transformation

March 16, 2023

...

Infineon and UMC extend automotive partnership with long-term agreement for 40nm eNVM microcontroller production

March 8, 2023

...

Alstom’s Virtual Universe: bringing rail innovation to life in a digital world

March 24, 2023

...

ABN AMRO Sustainable Impact Fund invests in Fairphone

February 25, 2023

...

SGS Signs Agreement to Sell its Automotive Asset Assessment and Retail Network Services Operations to Macadam

March 3, 2023

...

Voith and Essity develop groundbreaking concept for sustainable paper production

March 24, 2023

...

Deutsche Post DHL Group and Poste Italiane announce a strategic partnership in the international parcel market

March 11, 2023

...

UBS to acquire Credit Suisse

March 20, 2023

...

Asia Pacific Business Asia Pacific Business Asia Pacific Business

EUROPEAN BUSINESS is a premier source of corporate news, business information and insights across broad spectrum of industries in Europe and worldwide.  We are one of the members of the Business World Network.

RESOURCES

  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

CONTACT US

EDITORIAL:     editor # european-biz.com

PARTNERSHIP:     partnership # european-biz.com

HUMAN RESOURCE:     hr # european-biz.com

* (replace # with @)

  • Official Site

Copyright © EUROPEAN-BIZ.COM All rights reserved.

No Result
View All Result
  • HOME
  • SUSTAINABILITY
  • INVEST
  • MARKET
  • PARTNERSHIP
  • INNOVATION
  • PEOPLE
  • INSIGHTS

Copyright © EUROPEAN-BIZ.COM All rights reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist