Published by Global Banking & Finance Review®
Posted on November 6, 2025
2 min readLast updated: January 21, 2026
Add as preferred source on GoogleRenault revives its Twingo with a new electric version priced under €20,000, aiming to boost EV sales. The car will be manufactured in Slovenia and developed in China.
By Gilles Guillaume
PARIS, November 6 (Reuters) -Renault unveiled its new electric Twingo small car on Thursday as the French automaker seeks to leverage a popular old model name and a price tag of under 20,000 euros ($23,000) to boost its electric vehicle sales.
The small city car, developed in two years using an engineering team in China, will be manufactured in Slovenia and will go on sale in early 2026, the company said.
The new Twingo still retains the silhouette of its 1992 predecessor and its distinctive round headlights, the latest revival of classic best-selling Renault models that was part of a key strategy of former CEO Luca de Meo - starting with the Renault 5, followed by the Renault 4.
François Provost, who succeeded de Meo on July 31, plans a sustained pace of new launches over the next few years, but has not said whether that will include more iconic model revivals.
EUROPEAN MANUFACTURING, CHINESE BATTERY
Renault sold more than 4.1 million units of the Twingo in 25 countries over three decades. But the small car market has shrunk considerably in Europe as profit margins are too small for the continent's manufacturers.
The European Commission is considering new regulations to revitalise this category of cars.
To accelerate its development time and cut costs, Renault designed the new Twingo in France, but developed it at its ACDC R&D centre in Shanghai.
The car is assembled in Europe, using a more affordable LFP battery from China's CATL and will only come in four colours, Renault said.
Renault's alliance partner Nissan will have a version of the Twingo, and low-cost brand Dacia will also sell one for less than 18,000 euros, the French carmaker said.
($1 = 0.8575 euros)
(Reporting by Gilles Guillaume; Writing by Nick Carey; Editing by Emelia Sithole-Matarise)
An electric vehicle (EV) is a car that is powered by electricity instead of gasoline or diesel. EVs use electric motors and batteries to operate, offering a more sustainable alternative to traditional vehicles.
Market context refers to the environment in which a business operates, including factors like competition, consumer behavior, and economic conditions that influence market dynamics.
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