No, Renault is not behind Volkswagen or its European rivals to negotiate the accelerated shift towards the electric car. This is the message that the manufacturer wanted to convey on Wednesday morning, by presenting “a historic acceleration” of its strategy. It will result, among other things, by 90% 100% electric vehicle for the Renault brand… Continue reading Automotive: Renault announces a “historic acceleration” on the electric
Author: Les Echos (French)
Volvo Cars and Northvolt join forces to build battery gigafactory
Northvolt’s order book continues to grow. Weeks after registering $ 14 billion in orders from Volkswagen , one of its major shareholders, the young Swedish battery company for electric cars has announced that it has signed an agreement with Volvo Cars to build a new 50 gigawatt hour gigafactory in Europe. This giant plant, capable… Continue reading Volvo Cars and Northvolt join forces to build battery gigafactory
Dieselgate: Volkswagen indicted in France
After Renault Volkswagen’s turn comes. The German automobile giant by which the scandal of the “dieselgate” arose announced in turn that it had been indicted for “deception”, marking an acceleration of this long encysted file. According to a judicial source, quoted by AFP, Volkswagen was placed “under judicial supervision with the obligation to post a… Continue reading Dieselgate: Volkswagen indicted in France
Electric car: these “powerdays” that drive manufacturers up on the stock market
Have they been stung? As Tesla’s share price has climbed throughout 2020 – reaching stratospheric levels at the end of the year, incumbent automakers have since last fall stepped up announcements to unveil their strategy in the electric vehicle. It was time. “Tesla’s astronomical valuation last year sent them a very clear message: wake up,… Continue reading Electric car: these “powerdays” that drive manufacturers up on the stock market
Dieselgate: ex-star boss to pay Volkswagen 11 million
For the balance of all accounts: eleven million euros. This was the amount of Martin Winterkorn’s annual salary when he was still the feared Volkswagen boss and the highest paid executive in Germany. Today is the sum he should pay the European auto giant in damages for his role in the dieselgate scandal. In the… Continue reading Dieselgate: ex-star boss to pay Volkswagen 11 million
End of Carlos Ghosn’s hearing in Lebanon
Five days of hearing, hundreds of questions. Carlos Ghosn completed a marathon week this Friday, during which he responded to the examining magistrates of Nanterre and Paris, who came especially to Lebanon to hear it, this time as a witness, in the presence of a Lebanese prosecutor. The former boss of the Renault-Nissan group had… Continue reading End of Carlos Ghosn’s hearing in Lebanon
Why Tesla has plummeted since the start of the year
Trees don’t rise to the sky, investors who bet on Tesla earlier this year have realized the hard way. The stock market price of the darling of Wall Street in 2020 , which had been multiplied by 8 between March and December, has continued to decline since early 2021. It fell from $ 880 in… Continue reading Why Tesla has plummeted since the start of the year
French magistrates in Beirut to hear Carlos Ghosn
Two parties at the Palace of Versailles, financial flows with a commercial distributor in Oman, consulting services. There are many topics to discuss and the hearing is already scheduled for five days. For the first time, French justice will hear, from this Monday in Beirut, Carlos Ghosn, the former boss of Renault-Nissan, in the investigations… Continue reading French magistrates in Beirut to hear Carlos Ghosn
How the luxury automobile breaks its taboo of the 100% electric car
Posted Apr 26, 2021, 7:15 Updated Apr 26, 2021, 7:32 Ferrari gave in. Having long resisted the sirens of lithium-ion, the Maranello firm has ended up announcing that it would unveil a 100% electric racing car … in 2025. The president of the prancing horse, John Elkann, confirmed this at the company’s general meeting last… Continue reading How the luxury automobile breaks its taboo of the 100% electric car
Renault and Dacia soon to be restricted to 180 km / h
Posted on Apr 25, 2021, 12:08 PM Renault and Dacia drivers will soon no longer be able to exceed 180 km / h. During the general meeting of shareholders, this Friday, the CEO of the diamond firm, Luca de Meo , has indeed announced that all vehicles produced by Renault and Dacia will be gradually… Continue reading Renault and Dacia soon to be restricted to 180 km / h