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Financial

VW and Renault end talks to develop affordable EV

Details: Staff; 17 May 2024

Financial

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Automotive

Reuters exclusively reported ^[1] that Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo car, in a setback for the EU carmakers’ efforts to fend off Chinese rivals.

Market Impact
A
Read more https://www.reutersagency.com/en/reutersbest/article/vw-and-renault-end-talks-to-develop-affordable-ev/

Previous Article Vietnam forfeits billions of dollars in foreign aid amid anti-graft freeze
Next Article Basel battle: Goldman's unlikely foot soldiers in the fight against bank capital hikes

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