Renault rules out the possibility of launching a low-cost electric car with Volkswagen

The French brand emphasizes that it is focused on the development of its new electric Twingo.

Renault officially confirmed this Wednesday that Negotiations with Volkswagen are “over” (VW) for joint development electric car small and low cost.

For this reason, the French group will continue development without changes your new electric Twingowhich is scheduled to enter the market in 2026.

“Our Twingo project is progressing well and we are making rapid progress. We have always said that the business plan (of the project) was created on the basis of independent work,” a company representative told Efe.

However, “developing this type of car with a partner would be the icing on the cake.” We’re talking to VW. “Discussions have concluded,” the spokesman added.

Information about the breakdown of negotiations between both European groups appeared last week, although it was not officially confirmed.

Volkswagen then said they were exploring “several options reduce the price further portfolio of products in the field of basic all-electric mobility.”

“From 2026 we will offer an attractive range of four cars from Volkswagen, Skoda and Cupra with available electric models costing around 25,000 euros,” the German company added.