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The joint project of Volkswagen and Renault to manufacture the “low cost” electric Twingo falls apart

The joint project of Volkswagen and Renault to manufacture the “low cost” electric Twingo falls apart

Volkswagen has abandoned talks with Renault to jointly develop an affordable electric version of the Twingo, according to sources familiar with the situation. Each company would advance with its own project.

Renault will continue designing its own electric Twingo, which is scheduled to hit the market in 2026.

Volkswagen abandoned talks with renault to jointly develop an economical electric version of the Twingo, according to two sources familiar with the situation, which represents a setback for the efforts of European Union automakers to defend themselves against Chinese rivals with cheaper cars.

The failure of the negotiations would mean that Volkswagen would have to develop its own economical electric vehicle alone.

For its part, Renault will continue designing its own electric Twingo, whose arrival on the market is scheduled for 2026.

Source: Ambito

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