Renault CEO's big Electric-Car Push

The transcript discusses Renault's plans to achieve profitability by 2025, highlighting the company's resilience despite challenges like COVID-19 and semiconductor shortages. It also covers the launch of new electric versions of iconic cars, emphasizing the blend of technology and emotional appeal. The strength of Renault's alliance with Nissan and Mitsubishi is explored, particularly in the context of electric vehicles, and the potential for expansion into the Chinese market is considered.

What is Renault's target year to achieve a sustainable level of profitability?

• 2025

• 2026

• 2024

• 2023

What is Renault's approach to reviving its iconic car models?

• Discontinuing all iconic models

• Focusing solely on traditional fuel engines

• Partnering with luxury car brands

• Combining new electric technology with emotional concepts

Why does Renault believe in maintaining a connection with its historical roots?

• To focus on traditional manufacturing techniques

• To enhance the emotional connection with customers

• To reduce production costs

• To avoid technological advancements

What advantage does Renault's alliance with Nissan and Mitsubishi provide in the EV market?

• Exclusive rights to Asian markets

• Reduced competition from other car makers

• Increased scale and early investment in EV technology

• Access to luxury car designs

What is Renault's current stance on re-entering the Chinese passenger car market?

• They have already re-entered the market

• They have concrete plans to re-enter

• They are not considering it at all

• They are exploring possibilities but have no concrete plans yet