Ford and Renault announce strategic partnership, also dealing with commercial vehicles
Under the agreement, two affordable electric car models will be initially developed: these will be Ford-branded vehicles, built on Renault Group’s Ampere platform. Nevertheless, the agreement also deals with commercial vehicles, with the development of electrically-powered vehicles as the main target.
Two of the major automotive groups on a global scale, Ford and Renault, have announced a strategic partnership for passenger cars and commercial vehicles. Under the agreement, two affordable electric car models will be initially developed: these will be Ford-branded vehicles, built on Renault Group’s Ampere platform.
Nevertheless, the agreement also deals with commercial vehicles, with the development of electrically-powered vehicles as the main target. The goal is “to jointly develop and manufacture Ford and Renault-branded selected light commercial vehicles”, as stated in the official press note released today.
Ford and Renault get together for the future of commercial vehicles
Additionally, “by joining their expertise as major players in Europe, in innovation, design, software, and service delivery, Ford and Renault Group will aim to address industry challenges and better serve customers in both the retail and commercial vehicles segments”, they also stated. Indeed, Ford and Renault are key manufacturers also in the field of commercial vehicles, as proven by their long and fruitful history.
“Renault Group is proud to announce a new strategic cooperation with Ford, an iconic car manufacturer. This partnership shows the strength of our partnership know-how and competitiveness in Europe. In the long term, combining our strengths with Ford will make us more innovative and more responsive in a fast-changing European automotive market”, declared François Provost, CEO Renault Group.
Jim Farley, president and CEO, Ford Motor Company, added: “The strategic partnership with Renault Group marks an important step for Ford and supports our strategy to build a highly efficient and fit-for-the future business in Europe. We will combine Renault Group’s industrial scale and EV assets with Ford’s iconic design and driving dynamics to create vehicles that are fun, capable, and distinctly Ford in spirit.”
