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March 04, 2019 02:43 PM

VW signs EV startup as first partner for MEB electric platform

Ludwig Burger
Reuters
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    FRANKFURT – Volkswagen Group has signed German startup e.GO Mobile as the first external partner for its MEB modular platform for electric vehicles, as it seeks to simplify production across a variety of models.

    The partner will use VW's MEB production system to "bring e-vehicles to market that complement Volkswagen's model offering," the automaker said in a statement.

    A specific vehicle has yet to be decided on jointly, it added.

    The VW brand's strategy chief Michael Jost said in a newspaper interview in January the group was in advanced talks with competitors over opening its modular EV production platform to rivals.

    The platform seeks the cost advantages of large production numbers by standardizing as much as possible even across very different models.

    Volkswagen in January said it was exploring joint development of EVs with Ford, under a wide-ranging partnership.

    The group plans to invest 30 billion euros ($34 billion) in e-mobility until 2023, it said in a statement on the eve of the Geneva auto show.

    The company's EV investment budget outstrips that of its closest competitors, in pursuit of profitable mass-production of electric vehicles, something that no automaker has come close to achieving.

    E.GO Mobile helped develop the StreetScooter delivery van that is being produced by a subsidiary of postal services group Deutsche Post.

    Among e.GO's other projects, it aims to bring an electric minibus to market in a joint venture with German supplier ZF Friedrichshafen.

     

     

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