Bloomberg Volkswagen AG and Ford Motor Co will cooperate on electric and self-driving car technology, sharing costs on a global scale to take a major step forward in the industry’s disruptive transformation. VW will invest $2.6 billion in Ford’s autonomous-car partner Argo AI in a deal that values the operation at more than $7 billion, the two manufacturers said in ...

Bloomberg Spotify Technology SA released a new version of its music streaming app for customers in emerging markets, an effort to grow outside of its strongholds in the US and Europe. The Spotify Lite app, which runs on Android phones, will appeal to users who are limited by data plans and slower networks, the company said in a statement. The ...

Bloomberg Two of Britain’s six biggest utilities pledged to switch their entire vehicle fleet to run on electricity by 2030, adding momentum to the shift away from traditional engine technology. Centrica Plc operates the third-biggest company owned fleet in the UK, with 12,500 cars and vans. SSE Plc has 3,500 vehicles and also said it will install charging points for ...