Dutch car sharing firm MyWheels will plug in the first of 500 grid-connectable Renault EVs to its fleet in the Netherlands this week, expanding the number of vehicles in Europe capable of strengthening the power grid as the technology gains traction.
French automaker Renault is willing to supply technology to other carmakers to help increase the total output of vehicles with shared features that make them cheaper to manufacture, CEO Luca De Meo said on Tuesday.
Mitsubishi Motors said on Monday it had decided not to proceed with an investment in Renault's electric vehicle business Ampere, in a shift in the company's EV strategy.
Stellantis Chairman John Elkann on Thursday denied there was any truth to rumours that the company is in merger talks with fellow European automaker Renault.
The group—which holds 35.71% of Nissan's share capital—said the hit included the impairments and restructuring costs necessary for the Japanese automaker's turnaround.
PRESS RELEASE May 9, 2025 RENAULT GROUP STRENGTHENS VALUE SHARING THROUGH EMPLOYEE SHARE OWNERSHIP With the 4 th edition of its employee share ownership plan, Renaulution Shareplan, Renault Group reaffirms its ambition to build an inclusive and participative company model. As of December 31, 2024, employees held 5.63% of the company's share capital.
Stellantis Chairman John Elkann and Renault CEO Luca de Meo urged the European Union to adopt more favourable rules for small cars, warning that the declining profitability of small cars could force plant closures without changes.
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