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Ford nears decision to license VW tech for second European EV: Bloomberg News

Ford nears decision to license VW tech for second European EV: Bloomberg News
Ford nears decision to license VW tech for second European EV: Bloomberg News   -   Copyright  (c) Copyright Thomson Reuters 2021. Click For Restrictions - https://agency.reuters.com/en/copyright.html
By Reuters

(Reuters) – 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.

(Reporting by Sanjana Shivdas in Bengaluru; Editing by Aditya Soni)