Automakers

Renault cannot afford discount race with Tesla, Chinese peers, executive says

Renault Megane E-Tech
Renault builds EVs including the Megane E-Tech. (REUTERS)
R
By:
Reuters
September 04, 2023 07:56 AM

MUNICH -- Renault cannot afford to enter a discount race with Tesla or Chinese rivals, the French automaker's head of engineering told journalists at the IAA Mobility auto show in Munich.

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