As Europe battles an ‘onslaught’ of China EVs, one CEO has a plan


Source: cnbc.com cnbc.com

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A Renault Espace E-Tech full Hybrid (L) and a Megane E-Tech 100% Electric EV (C) are displayed during the Geneva Motor Show 2024 at Palexpo on Feb. 26, 2024 in Geneva, Switzerland. John Keeble | Getty Images News | Getty Images Renault's chief executive on Tuesday said that European policymakers should take inspiration from China as they look to boost the region's automotive industry in an increasingly tough landscape. In a report signed by Renault Group CEO Luca de Meo, the auto industry was described as a "pillar of the European economy" that was "facing an onslaught of electric vehicles...