Procurement Magazine February W3 2026 | Page 63

STRATEGIC SOURCING

“ 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”

Jim Farley, President and CEO, Ford
Building partnerships to strengthen competitiveness Ford’ s new European direction continues its history of strategic partnerships.
The company has already benefitted from its long-standing collaboration with Volkswagen, whose MEB platform underpins Ford’ s latest electric vehicles manufactured at the Cologne Electric Vehicle Centre.
The new partnership with Renault Group extends this approach further, focusing on shared EV architecture and potential joint development of light commercial vehicles to improve scale efficiencies.
François Provost, CEO of Renault Group, says:“ Combining our strengths
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