Renault will avoid Tesla price-cut 'spiral' on EVs

Renault Megane E-Tech Electric — Renault could offer more attractive leasing and financing terms for the Megane E-Tech, shown, but will not reduce prices. (REUTERS)

April 20, 2023 08:22 AM

PARIS -- Renault said it would not follow Tesla’s price cuts for its electric vehicles such as the Megane E-Tech, saying it could afford to sacrifice some volume to maintain pricing levels.

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