PARIS (Reuters) – Renault held talks this week with China’s Li Automobile and Xiaomi on electric and intelligent vehicle technology, opening the door to potential technology cooperation with the two companies, the company said on Friday. did.
important quotes
François Provot, Head of Procurement and Partnerships at Renault, said: “Our CEO, Luca de Meo, is committed to working with our partners Geely and Dongfeng Motors, as well as key suppliers, as well as Li Auto and Xiaomi Technologies. We have had pivotal conversations with industry leaders, including new entrants such as the founders of… On LinkedIn.
Why is it important?
The talks at the Beijing Auto Show come as relations between Europe and China become increasingly strained, with the European Commission launching a series of investigations into Chinese exports.
As part of this, we are investigating whether the increase in sales of Chinese-made EVs on the continent is due to unfair subsidies. China disputes this claim and accuses Europe of protectionism.
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DeMeo said Europe faces a difficult balance between protecting its own market and learning from Chinese automakers, which are far ahead in developing EVs and their software.
Renault has already partnered with China’s Geely on thermal and hybrid powertrains, and is working with tech companies Google and Qualcomm on smart cockpits.
(Reporting by Gilles Guillaume; Editing by Mark Potter)