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<figure class="wp-block-image"><img src="https://buzz-caribbean.com/app/uploads/2019/08/ford-vw-america-ceos-demo-buzz.jpg" alt="" class="wp-image-2917" /><figcaption>CEO of the Volkswagen Group Herbert Diess (left) and Ford CEO James Hackett celebrating their game-changing collaboration recently (Photo: autoblog.com)</figcaption></figure>
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<p>Motor vehicle giants Ford and Volkswagen are to join forces in making electric and autonomous vehicles which will mark the next step in the evolution of the automotive industry.</p>
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<p>Sales of electric vehicles are climbing and sales of 3 million are expected in the US alone by 2028.</p>
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<figure class="wp-block-image"><img src="https://buzz-caribbean.com/app/uploads/2019/08/ford-and-vw-demo-buzz-1024x576.jpg" alt="" class="wp-image-2919" /><figcaption>Iconic logos of Ford and Volkswagen (Photo: Contributed)</figcaption></figure>
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<p>The technology employed to manufacture electric and autonomous vehicles is very costly and headway made on self-driving cars has not been as forthcoming as earlier anticipated.&nbsp; This may well be the thinking behind the decision to partner up.</p>
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<p>An investment of around US$300 billion is expected to be made by the world’s leading car makers on battery-electric vehicles over the next 4 years.</p>
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<p>“Ford and VW will remain independent and fiercely competitive in the marketplace. Unlocking the synergies across a range of areas allows us to showcase the power of our global alliance in the era of smart vehicles for a smart world,” said Ford’s CEO Jim Hackett.</p>
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<p>Volkswagen is looking to sell some 23 million battery-electric vehicles over the next 10 years. </p>
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