Renault R5 Achieves Higher Profit Margins Than Larger EV Models

Renault Group's CEO Francois Provost stated that the compact electric R5 is achieving better margins than larger models like the Megane or Scenic, challenging common industry trends for small electric cars.

11 Jul, 03:40 — 11 Jul, 03:40

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cyprus-mail45d ago

Renault R5 profitability challenges industry trends on small electric cars

Renault Group (RENA.PA) is achieving better margins on its compact electric R5 than larger models like the Megane or Scenic, ‌CEO Francois Provost told French business daily Les Echos this week. European carmakers have frequently said cumbersome regulations in Europe and an immature battery supply chain make it hard to turn a profit on ⁠electric […]

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Renault R5 Achieves Higher Profit Margins Than Larger EV Models

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Renault R5 profitability challenges industry trends on small electric cars

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