Gilles Guillaume

Renault held talks this week with China's Li Auto and Xiaomi on electric and intelligent vehicle technologies, the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies.

China's premium electric vehicle maker Nio is on track to unveil a new model under a mass-market brand by the end of this month and a second smaller EV to be sold in Europe next year for less than $30,000, a senior executive told Reuters on Monday.

Jun 13, 2024 ... French automaker Renault presented an electric sports car on Thursday, the first in a planned range of premium EVs, which could help it ...

The move would help the state-owned car maker avoid the tariffs.

Renault CEO Luca de Meo's bet on a low-cost gearbox technology is allowing the French carmaker to gain ground in Europe's fast-growing hybrid car market, giving it some breathing space as rivals get squeezed by the electric mobility challenge.

Stellantis CEO Carlos Tavares sounded a defiant note at the Paris car show on Monday, a fortnight after the automaker issued a massive profit warning.

French automotive supplier OPmobility is aiming to double its sales in the United States by 2028, a company presentation showed on Tuesday, as it benefits from auto sector consolidation and strong support for local production.

French car parts supplier Valeo will cut around 1,000 jobs in Europe, sources told Reuters, and the restructuring move will also result in Valeo closing two sites in France.

France will sharply reduce subsidies for electric-car purchases in the coming days, with a new scale ranging from 2,000 to 4,000 euros based on income, down from the previous range of 4,000 to 7,000 euros, a government source said on Thursday.

Opel will continue its role as the electric vehicle pioneer for Stellantis despite the sudden departure of CEO Carlos Tavares, the German brand's CEO told Reuters on Thursday.