RNLSY / Renault cannot afford discount race with Tesla, Chinese peers, executive says

Renault's plans to spin off its electric vehicle wing through an initial public offering are reportedly being tarnished as wider economic issues grip. more_horizontal

Weaker electric vehicle (EV) demand, increased competition from China and market volatility are complicating French carmaker Renault's plans to list i more_horizontal

Renault said on Wednesday it will invest 3 billion euros ($3.2 billion) by 2027 to launch eight new vehicles and boost electric vehicle (EV) sales out more_horizontal

Renault will maintain production of ethanol-fueled combustion vehicles in Brazil, where nine in 10 cars are equipped to run on a mixture of gasoline a more_horizontal

Renault's Ampere business is targeting a public listing next year, and this might be a key positive re-rating catalyst for the company. Renault's Alpi more_horizontal

The initial public offering (IPO) of Renault's Ampere electric vehicle division could get a valuation of up to 10 billion euros ($10.8 billion), Chief more_horizontal

Chinese manufacturers are years ahead of European firms in the development of cheap electric vehicles, Renault boss Luca de Meo has claimed. Echoing m more_horizontal

Renault CEO Luca De Meo goes over the French carmaker's plans to deal with Chinese competition in the EV market. more_horizontal