Socialpost

Complete News World

Talks between Renault and Volkswagen over entry-level electric cars have failed

Talks between Renault and Volkswagen over entry-level electric cars have failed

According to informed sources, talks between Renault and Volkswagen over a joint entry-level electric car have failed. A person familiar with the matter said, according to Reuters, that in the end, it was not possible to reach a joint solution. Another insider said on Friday that negotiations were at an advanced stage. Volkswagen eventually pulled out and wanted to develop the car on its own.

A spokeswoman for Renault's Ampere electric car division and a spokesman for Volkswagen declined to comment on the results of the talks. A Volkswagen spokesman said there are different options. A decision on the entry-level electric car has not been made yet.

However, Volkswagen is expected to make a decision in the coming weeks: At the annual press conference, Thomas Schäfer, head of the Volkswagen brand, promised an entry-level electric car in the range of around 20 thousand euros by 2027, and said that different options would be available. Check . It usually takes about three years to develop a car.

Renault has announced its Twingo small electric car for the 2026 model year. The company has repeatedly emphasized that it can build the Twingo on its own and does not necessarily need a partner. An insider said that Renault would remain open to other partners even after talks with Volkswagen ended, such as an alliance with Nissan and Mitsubishi.

See also  Online boom drives growth for Gebrüder Weiss