Renault vows to reduce battery costs by 20% and build a ‘value chain’ of EV suppliers in Europe, in a bid to remain competitive

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The new approach will lower Renault’s costs to supply batteries for its vehicles from the beginning of 2026.

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Article Details

Author / Journalist: Elisabeth Behrmann, Wilfried Eckl-Dorna, Bloomberg

Category: EconomyBusiness

Markets: United StatesChinaFranceHungarySouth KoreaPoland

Topics: Electric vehicles Renault Battery LondonWires Autos

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-02 @ 09:54:21 (5 days ago)

News Timezone: GMT +8:00

News Source URL: fortune.com

Language: English

Article Length: 18 words

Reading Time: 1 minutes read

Sentences: 22 lines

Sentence Length: 1 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Fortune

News ID: 21459010

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Official Website: fortune.com

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