Renault Teams Up with Chinese Partner for Affordable Electric Twingo
The collaboration aims to develop a sub-€20,000 ($21,700) EV, with design in France and production in Europe.
- Renault's new Twingo EV will be developed with a Chinese engineering partner to reduce costs and speed up development.
- The project will be managed by Renault's Ampere division, with styling and advanced engineering done in France.
- Production of the Twingo EV will take place in Europe, maintaining a European manufacturing base.
- This partnership follows the collapse of Renault's talks with Volkswagen to co-develop an affordable EV.
- European automakers are increasingly collaborating with Chinese firms to stay competitive in the EV market.