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Top News In Vs In Europe Today - Breaking & Trending Today

Renault sets out targets for EV unit, says won't sell it cheap, ET Auto

Renault: The group set out financial targets for the unit, including an expected break-even in 2025 and an operating margin of at least 10% from 2030, ahead of an investor day where it hopes to drum up support for an initial public offering slated for spring 2024. The plan has been complicated by slower demand for EVs, choppy markets and increased Chinese competition, with sources close to the deal telling Reuters last month CEO Luca de Meo s hoped-for valuation of 8 to 10 billion euros looked over-ambitious. ....

Atv Unit , Ev Startup , Dtv Market , Vs In Europe ,

With tiny EV, City Transformer takes aim at Europe's markets

Small EVs to launch production in Western Europe by the end of 2024, with an aim to raise funding of $50 million ....

United Kingdom , Kfar Netter , Asaf Formoza , European Union , City Transformer , Western Europe , Executive Asaf Formoza , Tesla Model , Electric Vehicle , Vs In Europe , City Transformer , V Israeli Company ,