NEW YORK (CNNMoney.com) -- Ford is preparing to sell an electric car developed almost entirely by an outside supplier. While that may cut down on bragging rights - General Motors created the Chevy Volt in-house - Ford says it also cut down on costs and risk.
In other words, why invent the electric wheel when somebody else can do it for you?
Meanwhile, Ford's partner, auto supplier Magna International, is offering to do for other carmakers what it's done for Ford, and possibly more. If you're a carmaker and you want to sell an electric car, Magna says it's ready to design it and build it for you.
The electric Ford Focus, due out in early 2011, is largely the product of Canada-based auto parts and assembly supplier Magna International (MGA). Magna developed the car mostly on its own, building it inside a Ford Focus body for demonstration purposes.
Ford turns to a supplier to build an electric car - Mar. 20, 2009
In other words, why invent the electric wheel when somebody else can do it for you?
Meanwhile, Ford's partner, auto supplier Magna International, is offering to do for other carmakers what it's done for Ford, and possibly more. If you're a carmaker and you want to sell an electric car, Magna says it's ready to design it and build it for you.
The electric Ford Focus, due out in early 2011, is largely the product of Canada-based auto parts and assembly supplier Magna International (MGA). Magna developed the car mostly on its own, building it inside a Ford Focus body for demonstration purposes.
Ford turns to a supplier to build an electric car - Mar. 20, 2009
