Ford Motor Co. will develop two passenger electric vehicles for Europe with French rival Renault SA, and the two automakers will explore collaboration on light commercial vehicles.

The companies announced the partnership on Tuesday after the European Commission delayed a meeting scheduled this week to advance an automotive package that could weaken a 2035 ban on new carbon dioxide-emitting vehicles. Ford and other legacy automakers say the regulation is unfeasible, calling for policy in alignment with consumer demand that extends the life of hybrids.

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