Renault's de Meo calls for flexibility in European EV transition timeline

Renault 5 EV — Renault is preparing to launch its Renault 5 small EV, which will start at €25,000. (RENAULT)

By:

Reuters

July 22, 2024 07:36 AM

PARIS -- Renault's CEO Luca de Meo has expressed doubts over the timeline for transitioning to electric vehicles in Europe, adding the automaker has to bring down costs if it wants to deliver on its EV goals, in comments to business daily Les Echos.

Featured Stories

Manufacturing

Tariffs dent North American auto output even as automakers weigh more U.S. production

Manufacturing

Automakers are expected to produce fewer vehicles in North America because of tariff costs.

By:

John Irwin

Tariffs dent North American auto output even as automakers weigh more U.S. production

Tesla

Ford F-150 Lightning overtakes Tesla Cybertruck for EV pickup crown in March, Q1

Dealership buy-sell database updates: Transactions across 8 states, new owners at 4 Nissan stores

Buy-Sell

By:

Gail Kachadourian Howe

Dealership buy-sell database updates: Transactions across 8 states, new owners at 4 Nissan stores

Finance Insurance

GM Financial alleges Pa. dealership owes it more than $37 million for vehicles sold out of trust

Finance Insurance

By:

Eric Freedman

GM Financial alleges Pa. dealership owes it more than $37 million for vehicles sold out of trust

Latest News

Driver-assistance features don’t impress consumers, J.D. Power finds

EV registrations surge 20% in March on tariff fears; U.S. market share hits 7.5%

Overheard: Mistakes will happen; how you fix them is what’s important

Dodge building up Charger Daytona’s performance cred with endurance racing, thrill rides

Staying current is easy with newsletters delivered straight to your inbox.

See More in Automakers

Japanese automakers face $19B hit from Trump’s tariffs

Yugo shows model of small car planned for 2027 production start

VW dealers, after stop-sale orders, left waiting to sell ID Buzz. Again

What the auto industry wants from the new German government

Staying current is easy with newsletters delivered straight to your inbox.