Renault's first-half profit beats estimates, sticks to 2024 outlook
Renault posted a better-than-expected operating profit for the first half of the year on Wednesday due to strong pricing and new vehicle launches, and stuck to its full-year profit-margin forecast.
Renault CEO calls for flexibility in European EV transition timeline
Renault's CEO Luca De Meo expressed doubts over the timeline for transitioning to electric vehicles in Europe, adding the carmaker has to bring down costs if it wants to deliver on its EV goals, in comments to business daily Les Echos published on Monday.
Renault posts 1.9% rise in first-half sales volume
French automaker Renault said on Thursday its first-half sales volume rose 1.9% compared to the same period a year earlier due to strong performance in Europe, its key region.
Renault's EV unit Ampere to bet on LFP technology for EV batteries
Renault's EV unit Ampere on Monday said it would include the lithium iron phosphate (LFP) technology in its plans to mass produce electric vehicles, teaming up with suppliers LG Energy Solutions and CATL to build a supply chain in Europe.
Aramco to buy 10% stake in Renault, Geely thermal engines JV
Saudi Aramco will take a 10% stake in Horse Powertrain, the thermal engine joint venture between Renault and Geely , the Chinese automaker said on Friday.
Renault-backed BeyonCa plans to build Hong Kong's first EVs
Premium EV maker BeyonCa, backed by Renault and Dongfeng Motor , said on Friday it plans to set up a final assembly plant and its international headquarters in Hong Kong, developing the territory's first car brand.
What Makes RENAULT (RNLSY) a New Strong Buy Stock
RENAULT (RNLSY) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Renault sets sights on sporty EVs for profit boost
French automaker Renault presented an electric sports car on Thursday, the first in a planned range of premium EVs, which could help it fight off looming competition from China and grab share in a category outperforming the rest of the market.
Renault, Geely create joint venture for hybrid, combustion engines
French automaker Renault and Chinese peer Geely on Friday announced the creation of a 50-50 joint venture for hybrid and combustion powertrain components and systems.
Renault to develop Twingos priced under 20,000 euros with Chinese partner
Renault said it would link up with a Chinese engineering company to develop future Twingo cars priced below 20,000 euros ($21,676), as European automakers target smaller and cheaper electric vehicles to compete with Chinese peers.
VW and Renault end talks on electric Twingo - Renault CEO
French carmaker Renault and its German peer Volkswagen have ended their talks to jointly develop an affordable electric version of the Twingo car, Renault CEO Luca de Meo told Reuters on Wednesday.
Exclusive: VW and Renault end talks to develop affordable EV, sources say
Volkswagen has walked away from talks with Renault to jointly develop an affordable electric version of the Twingo car, two sources familiar with the situation said, in a setback for the EU carmakers' efforts to fend off Chinese rivals.
