3/27/2019, 7:28 AM (Source: TeleTrader)
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VW, Amazon to jointly develop 'industry cloud' - report

Volkswagen AG and Inc. have agreed to form a strategic partnership to develop a cloud platform which would help the automaker connect its vehicle factories and warehouses, Suddeutsche Zeitung reported on Wednesday.

The network is reportedly supposed to connect all 122 VW's plants and warehouses to allow the manufacturer live overview of vehicle deliveries, assembly lines and problems in their own workplaces from its headquarters in Wolfsburg, the media outlet said, claiming the partnership will be announced "soon."

Earlier, VW formed a consortium with several European companies to form the European Battery Union (EBU) to further research on batteries.

Breaking the News / MD