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As Europe battles an 'onslaught' of China EVs, one CEO has a plan - TL;DR CNBC

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

Publishing timestamp: 2024-03-20 02:15:13


Summary

Renault CEO suggests Europe should take inspiration from China to boost automotive industry. European firms face challenges like regulations, high energy costs, and competition from China. Renault proposes reforms including green economic zones and support for electric vehicle development.


Sentiment: MIXED

Tickers: AIR-FR

Keywords: business newsairbus seenvironmenttransportationeconomic eventschinabreaking news: business

Source: https://www.cnbc.com/2024/03/20/as-europe-battles-an-onslaught-of-china-evs-one-ceo-has-a-plan.html


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