Renault and Volkswagen join forces to take on Chinese cars

The times we live in are fostering alliances and partnerships that we had not considered until now. Europe’s major car manufacturers are increasingly concerned by the arrival of cars from China. These cars, mostly electric, are causing the European market to change at great speed and are gradually positioning themselves across the continent, ahead of the traditional brands.

But they are not willing to give up their position of power, and so the major European brands are beginning to join forces to halt the great Chinese wave. This is the case of Renault and Volkswagen. These two large groups are watching with concern as Chinese-origin brands propose low-priced electric models that attract buyers. To prevent this, they have started talks to create an alliance that would allow them to develop vehicles of this type under their own badge.

For the moment, the two giants of European automotive are starting these talks and nothing is clear yet. According to German media, it is Volkswagen that is looking for a reliable partner to develop low-cost electric cars that would allow it to be in the market without too many complications. Renault, for its part, is about to launch the Renault 5 in its electric version.

This model will be on the market at a price of around 25,000 euros, which places it in line with similar models from Chinese brands. The longest-range version of this model will reach 400 kilometres, although it will have a slightly higher price. For its part, the Renault Twingo will be the cheapest electric model of the brand, with a price below 20,000 euros.

Volkswagen wants to take part in the development of platforms and manufacturing models that reduce the cost of vehicles, so these talks could crystallise into a joint venture responsible for preparing low-cost electric cars and allowing both brands to remain leaders on our continent.

Until now, Renault and Volkswagen had positioned themselves against each other and had not collaborated. This agreement, if it comes to fruition, will be good news for the European automotive industry and may open the way to other collaborations and agreements between traditionally rival companies.