Renault on par with Chinese on EV assembly time, executive says

FRANKFURT -- Renault can match the production speed of the most competitive Chinese electric-vehicle makers with the new Renault 5 small EV, the company’s head of industrial strategy said at the 2024 Automotive News Europe Congress.
 
Renault has said it will take nine hours to build the Renault 5 when it goes into production later this summer in its Douai, France, site. The company believes the build time is competitive with the best of the Chinese.
 
"From what we can see we are parallel to them,” Franck Naro, vice president for industrial strategy and corporate operations at Renault Group, said at the event here on June 12. "We know exactly where we are. We know exactly where the best competitors are.”