Renault’s new circular economy unit eyes 2.3 billion in revenue by 2030 By Reuters


© Reuters. FILE PHOTO: The logo of Renault carmaker is pictured at a dealership in Vertou, near Nantes, France, Jan. 17, 2022. REUTERS/Stephane Mahe/File Photo

PARIS (Reuters) – French carmaker Renault (EPA:) said on Thursday that its new “The Future is NEUTRAL” entity that will focus on circular economy in the automotive sector targets 2.3 billon euros in revenue by 2030.

The unit will offer a minority stake to outside investors in order to co-finance investments of about 500 million euros through 2030, the statement said.

Be the first to comment

Leave a Reply

Your email address will not be published.


*