Hyperdrive
Ford-VW Alliance Seen Amping Up Pressure on Other Automakers
- Companies schedule a briefing for Friday morning in New York
- Broader cooperation expected to include EVs, self-driving tech
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The soon-to-expand alliance between Ford Motor Co. and Volkswagen AG has the potential to transform the global auto industry and increase pressure on other manufacturers developing electric and self-driving cars, analysts said.
By potentially licensing its electric-vehicle platform to Ford, VW could guarantee some profit from electric vehicles next year and gain “an unassailable scale advantage in the market,” said Angus Tweedie, a Citigroup analyst. In return, Credit Suisse analysts said VW may provide “crucial public validation” for Ford’s autonomous-vehicle business, including partner Argo AI.