Ford is in talks with Volkswagen to license the latter’s electric-vehicle technology for a second model to be sold in Europe, and reportedly they are nearing an agreement in the coming weeks.
Ford Motor Co is nearing a decision to license Volkswagen AG’s electric-vehicle technology for a second model to be sold in Europe, Bloomberg News reported on Thursday, citing people familiar with the matter.
The talks could lead to an agreement in the coming weeks, the report said.
Ford and Volkswagen did not immediately respond to Reuters requests for comment.
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