# Renault to reach its goal on integrated electric vehicles chain before 2030 -CEO
Author:  Pal Sinha,Barnali
Author URL: https://fintechherald.com/author/pal-sinha-barnali
Published: 2022-09-22
Category: Headlines
Category URL: https://fintechherald.com/category/headlines
Meta Title: Renault on Track to Achieve 80% Electric Vehicle Integration by 2030, CEO Confirms Collaboration Key for Success
Meta Description: Renault CEO Luca de Meo confirms 80% EV chain by 2030 goal will be met early. Collaboration key for thermal vehicles. Improved profitability forecasted.
URL: https://fintechherald.com/renault-to-reach-its-goal-on-integrated-electric-vehicles-chain-before-2030-ceo

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PARIS (Reuters) – French carmaker Renault 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.

(Reporting by Gilles Guillaume; Editing by Sudip Kar-Gupta)


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