Volkswagen has ended talks with Renault to launch an affordable EV, according to sources. However, a low-cost Volkswagen electric car is still in the plans.

A report from Germany’s Handelsblatt last December hinted at a partnership between Volkswagen and Renault to build an EV under 20,000 euros ($21,500).

The report noted that talks were still in a “very early stage,” but a Renault spokesperson explained that partnering would be necessary to stay competitive. “We are in different discussions, but nothing has been finalized,” the source said.

Renault announced plans to launch the Twingo e-Tech successor, the Legend, last November. The entry-level EV is expected to start at around 20,000 euros ($21,500).

Despite Renault confirming it was in “good discussions” with Volkswagen to build an affordable EV in February, it looks like the automakers may go their separate ways.

According to sources familiar with the matter, VW is walking away from the partnership. A new Reuters report claims Volkswagen has ended talks with Renault to build a low-cost electric version of its Twingo.

  • Altima NEO@lemmy.zip
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    1 month ago

    Very interesting. I wonder what happened? Honda and GM had a falling out on their EV plans too.