Renault Group and Ford form a strategic partnership for passenger and commercial vehicles, starting with two affordable electric cars in Europe

Core Insights - Renault Group and Ford have formed a strategic partnership to enhance their electric vehicle offerings in Europe, focusing on competitiveness in the automotive market [1][9] - The partnership will initially develop two Ford-branded electric vehicles based on Renault's Ampere platform, produced in Northern France [2][6] - Both companies aim to leverage their strengths in innovation, design, and manufacturing to address industry challenges and improve customer service [7][9] Electric Vehicle Development - The collaboration includes a partnership agreement for the development of two distinct electric vehicles, marking Ford's first step in a new product offensive in Europe [3][9] - The first of the two vehicles is expected to be available in showrooms by early 2028 [3] Light Commercial Vehicles Collaboration - Renault Group and Ford have signed a Letter of Intent to explore joint development and manufacturing of selected light commercial vehicles in Europe [4][9] - This collaboration aims to combine the industrial scale and supply base of both companies to enhance competitiveness in the light commercial vehicle segment [8][9] Leadership Statements - François Provost, CEO of Renault Group, emphasized the partnership's potential to drive innovation and responsiveness in the European automotive market [5] - Jim Farley, CEO of Ford, highlighted the importance of combining Renault's industrial capabilities with Ford's design and driving dynamics to create appealing vehicles [5]