Automotive

Ford & Renault's Partnership for European Manufacturing

Europe / France0 views1 min
Ford & Renault's Partnership for European Manufacturing

Ford and Renault Group have partnered to produce two Ford-branded electric vehicles in Europe, leveraging Renault's Ampere platform and manufacturing facilities in northern France. The partnership is part of Ford's capital-efficient approach to EV production in the European market.

Ford and Renault Group have signed a partnership agreement to develop and manufacture two Ford-branded electric vehicles (EVs) in Europe. The models will be based on Renault's Ampere platform and produced at Renault facilities in northern France using Ampere's ElectriCity production capabilities. The partnership is part of Ford's strategy to build a highly efficient EV business in Europe, following a US$19.5bn write-down related to its EV operations. Ford will combine Renault's industrial scale and EV assets with its own design and driving dynamics to create the vehicles. The collaboration also includes a Letter of Intent for European light commercial vehicle cooperation, exploring opportunities to jointly develop and manufacture Ford and Renault-branded light commercial vehicles. Renault's Ampere platform and ElectriCity manufacturing infrastructure will be utilized for the production of the two new Ford models.

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