TradeHighPartial
7.8
China's EV dominance pressures European automakers amid electrification gap
Capital.grLO·CN · DE · FR·3 days ago
Renault plans to expand sales outside Europe to half of total volume, leveraging Chinese production capacity and the new Niagara model. This strategic shift aims to reduce dependence on the volatile European market and enhance resilience to industry downturns. The move signals a major geographic rebalancing for the automaker, with implications for its global competitiveness.