Renault CEO begs EU to protect it against ‘onslaught of EVs from China’

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Renault CEO Luca de Meo penned a comprehensive 19-page open letter addressed to Europe outlining an automotive strategy for the region to safeguard against the influx of electric vehicles (EVs) originating from China. Highlighting a shift in the epicenter of the global automotive industry towards Asia, Meo emphasized that electric vehicles and plug-in hybrids now constitute 14% of worldwide car sales, with Asian automakers taking the lead in this domain.

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