Lotus and Renault’s performance arm Alpine have announced they will join forces on a new electric sports car.
According to a joint statement, Groupe Renault and Group Lotus have signed a memorandum of understanding to collaborate on studying “a number of areas of cooperation” and “leveraging the resources, expertise and facilities of the respective entities in both France and the UK”.
“A collaboration to leverage Alpine’s motorsport platform covering Formula One to Formula E and Endurance is also under study,” the statement read.
The two companies are renowned for lightweight sports cars such as the Lotus Elise and the Alpine A110, while Lotus has already revealed its limited edition, all-electric Evija hypercar.
Lotus cars chief executive Phil Popham said the two companies were a “natural fit” for a joint venture.
“The co-development of an EV sports car is hugely exciting for our companies, our fans and customers around the world,” he said.
Alpine chief executive Laurent Rossi echoed the sentiment.
Both brands have an amazing legacy and we are most excited to start this work together, from engineering tailored solutions to developing a next-generation EV sports car,” he said.
Rossi said the collaboration marks a new era for Alpine, along with the brand taking over the name of the Renault Formaula One team.
“We’re putting F1 at the heart of our business, leveraging our in-house expertise and best-in-class partners such as Lotus to inject our cars with leading-edge performance, technology and motorisation.”