Volkswagen and Renault Negotiations for Price range Electrical Vehicles Finish With out Outcomes

Negotiations between the German automobile producer Volkswagen and the French automobile producer Renault concerning the joint improvement and manufacturing of price range class electrical vehicles ended with out outcomes. Because of this the businesses is not going to cooperate and can proceed to work on their very own tasks.

The primary talks concerning the doable collaboration between the 2 producers got here in December, when the German media wrote about it, reporting that the 2 events might be excited about collaborating to supply an electrical automobile to develop and provide to their clients for about 20 thousand euros.

Regardless that Renault representatives said in February that the 2 events had good talks, information companies Reuters sources report that the discussions haven’t resulted in jobs and that the cooperation is not going to be initiated. Renault will proceed to work on the electrical Twingo, VW additionally goals to develop price range class fashions, however the producer’s representatives haven’t commented on the state of affairs but.

One of many sources stated that the 2 sides have been unable to discover a frequent denominator, and one other supply stated that the 2 sides have been shut, however ultimately Volkswagen determined to proceed by itself. Wider plans for VW’s electrical automobile program ought to develop into clear within the subsequent few weeks, however the producer’s purpose remains to be to supply a mass-market automobile and convey it to market by 2027.