# Renault to reach its goal on integrated electric vehicles chain before 2030 -CEO
Author: Pal sinha, Barnali
Author URL: https://startupobserver.com/author/pal-sinha-barnali/
Published: 2022-09-22
Category: Headlines
Category URL: https://startupobserver.com/category/headlines/
Meta Title: Renault on Track for 80% EV Chain by 2030
Meta Description: Renault will meet its 80% electric vehicle chain goal before 2030, thanks to CEO Luca de Meo's vision. Improved profitability and innovative collaboration put Renault ahead of schedule.
URL: https://startupobserver.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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