Ford Motor Company and Volkswagen AG will provide an update this morning on their global alliance, which was announced in January.
Details about their collaboration are expected to be revealed. Jim Hackett, Ford President and CEO, and Dr. Herbert Diess, Volkswagen AG CEO, will be there.
Watch the event live here.
NEW: Volkswagen to invest $2.6 billion in Argo AI
Ford Motor Company and Volkswagen AG today announced today they are expanding their global alliance to include electric vehicles and will collaborate with Argo AI to introduce autonomous vehicle technology in the U.S. and Europe.
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.