Renault to axe up to 20% of engineers as competition from China heats up
www.straitstimes.com
The French automaker currently employs more than 11,000 engineers around the world. Read more at straitstimes.com. Read more at straitstimes.com.

cross-posted from : https://lemmy.zip/post/62563422

Renault has relied on Chinese parts and its research and development operations in Shanghai to develop the sub-20,000 euro (S$30,000) electric Twingo, which the company will start selling in 2026. Mr Provost has pledged to apply the lessons learned in China at its R&D hubs in France, notably at the the sprawling Technocentre complex near Paris.

  • SaveTheTuaHawk@lemmy.caEnglish
    1·
    12 days ago

    Renault just released a line of inexpensive EVs that are selling very well. What they are doing is getting rid of ICE engineers who are redundant. Auto companies spent a fortune on emissions and exhausts controls.

    EVs are inherently simpler and cheaper to make, they are modular, they only cost more in US because Musk conned everyone into thinking they should cost more, but Tesla made higher profit margins than any automaker.

    • Melchior@feddit.orgEnglish
      3·
      12 days ago

      Renault is not selling cars in the US.

      Also EVs used to be expensive, because batteries were expensive. Prices have fallen a lot though.