RPT-INTERVIEW-Renault may use cheap parts in main models
(Repeats story issued late on Tuesday)
* Renault may use ultra low cost car parts in main car models
* Renault engineering head says it, Nissan, NEC solved technical problems for lithium-ion electrical vehicle battery
* Renault and Nissan to increase research and development cooperation
By Marcel Michelson and Matthias Blamont
PARIS, June 3 (Reuters) - Renault (RENA.PA: Quote, Profile, Research) will not introduce the 'ultra low cost car' it is developing with Bajaj (BAJA.BO: Quote, Profile, Research) and Nissan (7201.T: Quote, Profile, Research) into the European market but could use parts for its other cars.
"We aim to learn as much as we can from the ultra low cost car," said Jean-Louis Ricaud, executive vice president engineering and quality at Renault.
"We will not take that car to Europe but we can use parts developed for that car in other models," he told Reuters in an interview on Tuesday.
Bajaj is an Indian motorcycle company, based in Pune, that is developing a $2,500 car with the Renault-Nissan alliance to rival the Nano from Tata (TAMO.BO: Quote, Profile, Research) and make cars affordable to people in emerging countries. Continued...
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