Alpine and Lotus cancel joint EV venture

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Alpine and Lotus cancel joint EV venture
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It appeared to be a match made in heaven - but the mooted sports car project is no more.

that Renault - or more precisely, Alpine - and Lotus were joining forces to produce a new electric sports car platform. It was one of those light-bulb moments; it made total sense.

Well, in a twist to the tale it seems that the memorandum of understanding between them is no more. The first winds of change came on Friday, when Bloomberg put out a story hinting that Renault was, ‘Leaning towards developing the platform for its new Alpine sports car on its own rather than pursuing co-development with Geely’s Lotus Cars’. That story went on to say that Alpine felt it had sufficient in-house expertise and resource to go it alone.

Yesterday this was made official by statements from both companies. Alpine’s read, “Lotus and Alpine have been collaborating on a future EV sports car vision for more than two years, during which time a strong relationship between the two companies has developed. As with any collaboration following an MoU, the outcome was not guaranteed. We have decided not to progress with the joint development of a sports car for Alpine.

Lotus emailed a similar statement to Automotive News Europe yesterday that said, ‘We have decided not to progress with the joint development of a sports car for Alpine. This is a mutual decision reached amicably’. So, taken at face value this was a bilateral decision and there’s no issue between the manufacturers, which has to be good news for all. As Lotus has proved over many, many years, being a low-volume sports car manufacturer is a tough gig.

Alpine’s experience has confirmed that, with comparatively low sales despite its universally applauded A110. Last year it reported a

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