Renault to reach its goal on integrated electric vehicles chain before 2030 -CEO By Reuters

© Reuters. FILE PHOTO: The logo of carmaker Renault is seen at a dealership in Paris, France, August 15, 2021. REUTERS/Sarah Meyssonnier/File Photo

PARIS (Reuters) – French carmaker Renault (EPA:) will reach its target of having an 80% integrated electric vehicle (EV) chain before its initial date of 2030, said Renault chief executive Luca de Meo.

De Meo added that collaboration remained a key aspect regarding thermal engines vehicles.

Renault upgraded its full-year outlook in July, saying that its turnaround plan to improve profitability was delivering results ahead of schedule.

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