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2/9, 4:22 PM (Source: TeleTrader)
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Ford to build first fully electric car in Germany - report

The Ford Motor Company will build its first fully electric car based on Volkswagen's models at its Ford Pilot Plant Cologne in Germany, Automobilwoche reported on Tuesday.

According to sources close to the company, the decision to build an electric vehicle based on Volkswagen's MEB (Modular E-Drive Construction Kit) at the Cologne plant has already been made.

In Ford's latest earnings report published last week, the company revealed it has started the process of transforming towards the electric vehicle market and the autonomous driving industry.

Breaking the News / ND