Automakers

Renault cuts Megane EV price by 10% to compete with Tesla, MG

Renault Megane E-Tech
Renault sold about 18,000 Megane E-Techs last year in France, but the EV trailed the Tesla Model Y and Model 3, and the MG4.
R
By:
Reuters
January 11, 2024 10:37 AM

PARIS – The Renault brand is banking on new models and a price cut for its Megane E-Tech full-electric compact hatchback to help in its battle against Tesla on its home turf, a top sales executive said.

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