Renault Open to Sharing Technology with Rivals for Cheaper Cars

Reported 3 months ago

Renault's CEO Luca De Meo announced the company's willingness to provide technology to other car manufacturers to reduce production costs. Despite a failed partnership with Volkswagen for an affordable electric Twingo, De Meo emphasized the importance of shared technology, particularly in small and commercial vehicles, which require significant investments for limited margins.

Source: YAHOO

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