Renault could create separate EV entity

Renault Cleon electric motors 2022 — Renault's Cleon factory, in northern France, where it builds its current electric motors and will produce motors developed with Valeo.

February 19, 2022 07:00 AM

PARIS -- Renault Group could split off its electric and internal combustion drivetrain activities into two “dedicated entities,” CEO Luca de Meo said, as the automaker targets a 100 percent full-electric lineup in Europe by 2030.

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