French automaker Renault is in talks with Nissan to help the Japanese firm bring to market its own version of Renault’s electric Twingo, as the alliance partners seek to speed up an affordable EV offering to fend off Chinese competition.
An electric version of Renault’s popular city car, due to reach the market in 2026, is set to be priced at under 20,000 euros ($21,700), making it a key plank in the firm’s defence against low-cost Chinese brands like BYD.
Renault had been in talks with Germany’s Volkswagen to jointly develop the car, sharing costs that are a key challenge for European carmakers battling cheaper Chinese imports.
Those discussions ended in May, however, and the French company had said it would continue alone.
Recent Comments