Renault CEO Pushes on With Electric Split as Russia Bill Looms
KONTAN.CO.ID - PARIS. Renault chief Luca de Meo wants to press ahead with plans to create separate divisions for electric (EV) and combustion engine vehicles despite potentially costly uncertainty over its interests in Russia. Three sources told Reuters.
Playing catch-up with rivals like Tesla and Volkswagen, the French automaker first outlined its strategy shift in February, days before Russia's invasion of Ukraine. It is saying its turnaround plan was ahead of schedule.
