Renault looking into splitting into EV, combustion units

  div classBodysc17zpet90 cdBBJodivpPARIS Reuters – French carmaker Renault on Thursday said it was studying the option of creating two seperate entities, one specialising in the development and research of electric vehicles EVs. p

  pIts EVfocussed unit could employ around 10,000 staff by 2023, the company said in a statement. pdivdivdiv classBodysc17zpet90 cdBBJodiv

  pThe carmaker is accelerating implementation of its new strategic plan and will present progress of these studies at a capital market day in the autumn of 2022, Renault added. p


  pp Reporting by Tassilo Hummelp

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