RNSDF News and Press, Renault S.A. From 09/29/22

Summary Qualcomm noted that its automotive design win pipeline rose by over $11 billion in about four months to reach $30 billion. This strong acceleration of design wins and high confidence in reaching over $4 billion in revenues by FY26 demonstrate the importance of the auto seg...

Summary Global electric car sales July 2022 - Up 61% YoY to 14% share. China sales up 112% YoY to 28% share. Europe down 5% YoY to 19% share. US 5% share. EV market news - USA passes the Inflation Reduction Act. China extends NEV purchase tax exemption worth 100 billion yuan to th...

Summary It has been revealed recently that China's SMIC seems to have achieved a technological breakthrough of a significant proportion on 7 nm semiconductors, despite our efforts to restrict enabling technologies. Meanwhile, Russia seems intent on executing a full divorce from We...

The CEO is more confident about 2022 and raised Renault's guidance. Despite the period, the company delivered impressive half-year results. The next catalyst is Renault's CMD this fall, when long-term guidance and EV separation are expected. Almost a week ago, Renau...

Global electric car sales for June 2022 - Up 54% YoY reaching 16% share. China sales up 132% YoY to 28% share. Europe sales down 8% YoY to 21% share. EV market news - US crosses the electric-car tipping point for mass adoption. Reconciliation Bill has $369 billion to fight climate cha...

Renault ( OTCPK:RNSDF ) upgraded its FY outlook after its turnaround plan to improve profitability over sales volumes was delivering results three years ahead of schedule. This is despite challenges the entire sector faces in obtaining the microchips used in eve...

As per the European Automobile Manufacturers’ Association (ACEA), European Union passenger car registrations fell 15.4% to 886,510 units , a lowest month of June on record (in terms of volume) since 1996. In May car registrations dropped 11.2% . As supply...

Renault SA ( OTCPK:RNSDF ) stock plunges after worldwide sales fell  to 12% Y/Y to 1,000,199 units , in a context disrupted by the semiconductor crisis and marked by the shutdown of the Group's activities in Russia. The E-Tech range (electric vehicles and hy...

Since the invasion, my funds in Russia have been frozen. I don’t believe central banks really have the will to have very high levels of bankruptcy/unemployment/social conflict. The main concern with oil/gas companies is that the managements insist on reinvestment/growth and...

Global electric car sales for May 2022 - Up 55% YoY, reaching 12% share. China sales up 109% YoY to 31% share. Europe sales up 3% YoY to 19% share. EV market news - EU nations approve end to combustion engine sales by 2035. BYD says shift to EVs moving “much faster” than...