Renault announces plans for 2024 with focus on electric and cost reduction targets

On February 14, Renault announced its 2024 outlook during 2023 financial results. It aims to reduce production costs by 30% for thermal vehicles and 50% for EVs by 2027, leveraging the Industrial Metaverse. The cost reduction will support Ampere's goal to decrease variable costs for C-segment electric vehicles by 40%....

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