Renault can not find the money for bargain race with Tesla, Chinese language friends, government says

BE desk

MUNICH — Renault can not find the money for to go into a bargain race with Tesla or Chinese language opponents, the French automaker’s head of engineering informed reporters on the IAA Mobility auto display in Munich.

“The good strategy is to maintain prices and to adjust fixed costs,” Gilles Le Borgne stated.

Renault’s top publicity to Europe makes it one of the crucial uncovered names to unused pageant from Tesla and Chinese language opponents in electrical cars, UBS wrote in a observe this era.

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