Ford and Renault Collaborate on Affordable EV Production for European Market

Ford and Renault Collaborate on Affordable EV Production for European Market

Ford is partnering with France's Renault to develop and manufacture cost-effective electric vehicles (EVs) specifically for the European market. This strategic alliance aims to revitalize Ford's European operations, which have faced challenges. The collaboration comes amid increasing competition from affordable Chinese-made EVs entering the European market.

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