Ford and VW have stepped up their alliance — Ford will develop an electric vehicle using VW tech by 2023 (F)

On Friday, Ford and the Volkswagen Group announced that they would step up their global alliance.

“Ford will become the first additional automaker to use Volkswagen’s dedicated electric vehicle architecture and Modular Electric Toolkit – or MEB – to deliver a high-volume zero-emission vehicle in Europe starting in 2023,” the companies said in a statement.

The VW Group also announced on Friday that it would invest

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