TOPIC

/ company

Renault

Established in 1899, Renault is a headquartered in Boulogne-Billancourt. It produces a range of cars and vans and has cross shareholdings in Japanese vehicle group, Nissan.

Chairman / President

Jean-Dominique Senard

CEO / Managing Director

Luca de Meo

CFO / Finance Director

Thierry Piéton

Industry

Automotive

Website

renaultgroup.com

Headquarters address

13-15 Quai Alphonse Le Gallo, 92100 Boulogne-Billancourt, France

Stock Code

Euronext:RNO

Year founded

1899

last updated:

30 September, 2024

BYD EVs are parked at Lianyungang port in eastern Jiangsu province for export to Brazil. Photo: Reuters

Electric & new energy vehicles

Brazilian ports jammed with 70,000 Chinese EVs as tariffs loom

Chinese carmakers flood the world’s sixth-biggest car market as they try to avoid new tariffs.

14 Dec 2024 - 1:18AM

Electric & new energy vehicles

Renault goes on China hiring spree to bolster EV push at home

29 Nov 2024 - 1:03PM

China trade

Make Chinese cars in Russia, industry group urges manufacturers as costs mount

23 Sep 2024 - 10:00PMvideocam

Artificial intelligence

Chinese Robotaxi start-up WeRide delays US IPO on paperwork delay

The postponement complicates WeRide’s listing plan, as Beijing’s approval for the deal is set to expire at the end of this week.

22 Aug 2024 - 8:08PM

WeRide has postponed its listing on the Nasdaq Stock Exchange. Photo: Shutterstock

Electric & new energy vehicles

BeyonCa teams up with CATL, finance firms to accelerate ‘Made in Hong Kong’ EV goal

The Chinese premium EV start-up backed by Renault and state-owned Dongfeng Motor has signed agreements with supply chain partners and financial institutions to accelerate its aim of establishing the first ‘Made in Hong Kong’ car brand.

18 Jul 2024 - 6:57PM

South Korea

Renault Korea hit by misandry allegations over finger gesture in clip

The online outrage marks deepening gender conflict among youth in South Korean society, fuelled by social and economic woes, expert says.

1 Jul 2024 - 6:27PM

Electric & new energy vehicles

BeyonCa to start first ‘Made in Hong Kong’ car brand with a smart EV

The Chinese premium electric vehicle start-up plans to build a factory and establish its global headquarters in Hong Kong as it looks to gain a foothold in the industry.

29 Jun 2024 - 8:57AMvideocam

Beyonca’s GT Opus 1 concept car is unveiled at the electric vehicle start-up’s headquarters in Beijing, in October 2022. Photo: Reuters

Formula One (F1)

Gasly, Stroll sign multi-year deals with Formula 1 teams Alpine, Aston Martin

The Frenchman Gasly has scored points for Alpine in three races in a row, while the Canadian Stroll has been outscored by veteran teammate Fernando Alonso.

27 Jun 2024 - 7:33PM

Electric & new energy vehicles

Explainer | What the EU’s tariffs on Chinese EVs mean for carmakers in both markets

The provisional duties vary between 17 and 38 per cent depending on each carmaker’s level of cooperation with the European Commission’s anti-subsidy investigation. Here’s what you need to know.

21 Jun 2024 - 11:16AMvideocam

Electric & new energy vehicles

Renault-backed EV start-up BeyonCa signs preliminary Saudi investment deal

Chinese electric vehicle start-up BeyonCa has set its sights on the Middle East with the signing of a preliminary investment deal with Riyadh-based Al Faisaliah Group that is expected to help raise fresh funds and fuel growth.

23 Oct 2023 - 8:15PM

BeyonCa’s GT Opus 1 concept car is unveiled during an event at the EV start-up’s headquarters in Beijing, in this file photo from October 2022. Photo: Reuters

Electric & new energy vehicles

Nissan to invest US$663 million in Renault EV unit Ampere as alliance rejigged

Nissan Motor has finalised plans to invest in Renault’s electric-vehicle venture Ampere, capping months of negotiations to rebalance the troubled automotive alliance.

26 Jul 2023 - 2:29PMvideocam

Long-term partners Nissan and Renault will work together on electric cars. Photo: Reuters

Electric & new energy vehicles

Renault, Geely agree to set up power-train firm, Aramco still mulling investment

Renault has formally signed a joint-venture agreement with Zhejiang Geely Holding Group to set up a new combustion engine and hybrid power-train company, while Saudi Aramco is still mulling an investment.

11 Jul 2023 - 5:35PM

Mergers & Acquisitions

China’s Geely to double Aston Martin stake in US$291 million deal

Geely will acquire a 17 per cent stake in Aston Martin Lagonda Global Holdings to become UK sports car maker’s third largest shareholder.

18 May 2023 - 6:50PM

Electric & new energy vehicles

Tesla readies export of Model Y to Canada from China: source

A new cheaper, version of the Model Y, Tesla’s bestselling model globally, will be exported from the carmaker’s Shanghai factory, source says. Customers can take delivery of the SUV between May and July.

24 Apr 2023 - 2:11PMvideocam

Customers look at the first Model Y electric cars arriving at a Tesla showroom in Hangzhou, east China’s Zhejiang province, on January 4, 2021. Photo: Costfoto/Barcroft Media via Getty Images

Electric & new energy vehicles

China’s Geely adding Saudi Aramco to car-engine venture with Renault

The investment will support research and development across synthetic fuels and next-generation hydrogen technologies, the companies say.

18 Sep 2023 - 9:11AM

Electric & new energy vehicles

‘Not just an electric car’: EV start-up BeyonCa to offer healthcare services

Beijing-based BeyonCa expects to challenge the likes of BMW, Mercedes-Benz and Audi in China’s growing luxury car market segment.

30 Oct 2022 - 9:01PM

Automotive industry

Renault CEO sparks asset sale talk after touring South Korea unit

Geely Automobile has been talking to Renault about potentially buying a controlling stake in the combustion-engine business that Renault is looking to spin off, according to people familiar with the matter.

11 Oct 2022 - 3:35PM

Geely

China’s Geely takes 8 per cent stake in ultra-luxury carmaker Aston Martin

Chinese carmaker Geely has taken a nearly 8 per cent stake in Aston Martin, the maker of ultra-luxury sports cars favoured by fictional secret agent James Bond.

30 Sep 2022 - 8:15PMvideocam

An Aston Martin DB5 Goldfinger Continuation, a limited edition recreation of James Bond’s DB5 in the 1964 film Goldfinger, on display at The Peninsula Hotel in May 2021. Photo: Winson Wong

Geely

Geely buys a third of Renault Korea as it sets sight on US market

For Geely, which has typically grown its business through global partnerships, the deal goes beyond selling cars in South Korea and is a way for the Chinese carmaker to export cars made in South Korea to America.

10 May 2022 - 4:32PM

Electric & new energy vehicles

Renault venture with carmaker China Brilliance stops paying salaries

Renault Brilliance Jinbei Automotive, in which Renault owns a 49 per cent stake, earlier this week told more than 1,000 employees that the company would not be able to pay them monthly salaries, and that it would not contribute to their pension schemes either, according to two sources.

22 Dec 2021 - 8:45PMvideocam

Geely

Renault makes China comeback with Geely deal after exiting Wuhan venture

Renault is returning to the world’s largest passenger car market with a new focus and partnership with Geely, after abandoning a pandemic-hit venture in Wuhan in April last year.

9 Aug 2021 - 9:20PM

An October 2018 file photo showing one of the automatic welding lines at Geely’s manufacturing base in Ningbo in eastern Zhejiang province. Photo: Xinhua

Rare earths

China’s rare earth exports accelerate despite Western push to diversify

China controls about 90 per cent of the world’s supply of rare earths, but trade frictions are driving Western governments and car makers to find alternative suppliers.

21 Jul 2021 - 2:13AMvideocam

China controls about 90 per cent of the world’s supply of rare earths. Photo: Reuters

Automotive industry

China’s Envision to build US$2.4 billion battery plant for Renault in France

French President Emmanuel Macron is expected to unveil the agreements on Monday at Renault’s assembly plant in Douai.

28 Jun 2021 - 8:24AMvideocam

Formula One (F1)

Chinese F1 hope Zhou keeps up F3 Asia title fight

Formula 2 driver closing gap on series leader Pierre-Louis Chovet, with all-important Super Licence points on offer.

13 Feb 2021 - 5:27PM

Formula One (F1)

F1 hopeful Zhou makes history with first Chinese win in F2

‘So proud to let everyone hear the Chinese national anthem for the first time in F2,’ Zhou Guanyu tweets after debut victory at Sochi sprint.

28 Sep 2020 - 10:23PM

Zhou Guanyu, the first-ever Chinese driver to win a Formula Two race, pictured in 2016. Photo: Handout

Electric & new energy vehicles

Costly electric vehicles confront a harsh coronavirus reality

The economic crisis triggered by the Covid-19 pandemic has put the electric vehicle ambitions of Volkswagen and other major carmakers at risk.

27 May 2020 - 9:06PM

Volkswagen’s E-Golf electric car is displayed at the Canadian International Auto Show in Toronto, Ontario, Canada, on February 18. Photo: Reuters

Coronavirus pandemic

Will coronavirus crisis spell the end of China’s manufacturing dominance?

While some labour-intensive supply chains and those that target the US market may move out of China, sophisticated manufacturing clusters related to electronics and the internet of things are not easy to replicate quickly.

28 Apr 2020 - 10:25PMvideocam

Automotive industry

Renault bows out of Wuhan car venture as it succumbs to lockdown woes

Renault is the second overseas carmaker to exit China's assemblies since Japan's Suzuki Motors ended its venture in 2018 to focus on India, in which the Japanese brand is the dominant marque. Renault’s exit follows years of lacklustre sales since its China joint-venture began in 2013, during which it had the lowest sales relative to its installed capacity.

15 Apr 2020 - 8:31AM

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