Core Insights - Renault and Ford will collaborate to develop small, affordable electric vehicles specifically for the European market [1] - The partnership will also focus on producing commercial vans to reduce costs and address increasing competition from Chinese manufacturers [1] Company Collaboration - Renault and Ford are entering a joint development agreement for electric vehicles aimed at the European market [1] - The collaboration includes the production of commercial vans, which is intended to streamline costs and enhance competitiveness [1] Market Competition - The partnership is a strategic response to the rising competition posed by Chinese automotive manufacturers [1]