French automaker Renault is enhancing its EV segment with an expansion into China, where the market for such vehicles is strong.

The company has hired about 200 hardware engineers in Shanghai, while its team in China is developing an affordable version of the electric Twingo model, costing under 20,000 euros (US$21,158).

Renault aims to launch affordable EVs, including the 25,000-euro (US$26,448) R5 city car, and plans electric models like the R4 and 4L by 2025.

The company plans to transition to cost-effective lithium iron phosphate (LFP) batteries by early 2026.