Europe 1 with AFP 5:54 p.m., January 13, 2022

The Renault brand is no longer targeting 90% but 100% of electric sales in Europe in 2030, announced Thursday the general manager of the Renault group, Luca de Meo.

“We set out to prepare the conditions for Renault to be a 100% electric brand by 2030,” said Luca de Meo. 

The Renault brand is no longer targeting 90% but 100% of electric sales in Europe in 2030, announced Thursday the general manager of the Renault group, Luca de Meo.

"We made up our minds to prepare the conditions for Renault to be a 100% electric brand by 2030," said Luca de Meo.

One year after the presentation of his "Renaulution" plan, Luca de Meo took stock with journalists at the Technocentre Renault in Guyancourt (Yvelines).

"Dacia will follow"

The brand, the electric spearhead of the group, is launching this year an electric compact, the Mégane, and soon a modern version of its small Renault 5, both manufactured in the north of France.

"Dacia will follow, and its electrification will be consistent with a positioning which requires us not to increase prices", underlined Luca de Meo.

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One year after the presentation of his "Renaulution" plan, Luca de Meo took stock with journalists at the Technocentre Renault in Guyancourt (Yvelines).

The semiconductor supply problems will continue in 2022 but "the worst" will be in the first half of the year, Luca de Meo said.

"It is concentrated on a few suppliers (...) We cannot hope that it will be resolved in the short term".

500,000 cars will not be produced because of the shortages, the leader confirmed.

The group has, however, succeeded in reducing its fixed costs by 2 billion euros per year "more than a year ahead" of its plan, said the CEO.

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