The partners came together in 2009 for producing a small car which would be priced around $2,500. This ULC platform car was scheduled to release in India by 2011, however differences between the companies on grounds of design and pricing delayed its release. Though Renault-Nissan wanted the car to be priced $2,500, the Bajaj Auto Co. wanted it be priced lower. In the year 2010, Renault-Nissan had announced about signing the Memorandum of Agreement with the Indian auto manufacturer for producing the ULC car model.