Ford and Renault have formed a strategic alliance to co-develop and manufacture affordable electric vehicles for the European market, aiming to counter the growing threat from Chinese automakers and revive Ford's struggling European operations.The partnership will leverage Renault's existing Ampere platform for two new Ford-branded electric vehicles, expected to launch by 2028, with manufacturing to take place at Renault's "Electricity" complex in northern France.This collaboration follows Ford's previous partnership with Volkswagen and comes as Ford's European passenger car market share has significantly declined in recent years, prompting efforts like layoffs and the introduction of the Puma Gen-E to improve performance.