Renault ahead of schedule on EV partnerships, CEO de Meo says

Luca de Meo says the research and development costs involved with the shift to electrification are too high to go it alone. (Bloomberg)

By:

Reuters

September 22, 2022 01:24 PM

PARIS -- Renault will control 80 percent of its electric vehicle value chain well ahead of its 2030 target as it develops partnerships in batteries, electric motors and power electronics, CEO Luca de Meo said.

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