on RENAULT (EPA:RNO)
Renault Group and Ford Partner for Electric Vehicle Development
Renault Group and Ford have announced a strategic partnership to enhance their presence in the European electric vehicle market. The collaboration will focus on developing two Ford-branded electric vehicles utilizing Renault's Ampere platform, with production set in Northern France. This venture highlights Renault's manufacturing capabilities and Ford's design expertise.
In addition, the two companies will explore opportunities in the light commercial vehicle sector. By combining their strengths, Renault and Ford aim to boost competitiveness and address automotive industry challenges effectively.
Executives from both companies express enthusiasm, noting the potential for innovation and responsiveness to the rapidly changing market landscape. The first electric vehicle from this collaboration is expected to arrive in showrooms by early 2028, marking a significant step for Ford's product line in Europe.
R. E.
Copyright © 2025 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.
Click here to consult the press release on which this article is based
See all RENAULT news