RNSDF News and Press, Renault S.A. From 12/06/22

Summary Global electric car sales Oct. 2022 up 55% YoY to 16% share. China sales up 75% YoY to 31% share. Europe up 14% YoY to 23% share. U.S. ~6% share. Electric Vehicle market news - electric plane manufacturer takes off, receives worldwide orders. Electric helicopter makes historic f...

Summary Global electric car sales Sept. 2022 >1m, up 51% YoY to 17% share. China sales up 78% YoY to 35% share. Europe up 7% YoY to 24% share. US ~6% share. EV market news - DoE awards $2.8B of grants to supercharge U.S. manufacturing of batteries for EVs/grid. EU signs provisi...

Summary The EU reached a deal to ban all internal combustion engine car sales by 2035. The entire EU car industry will have just 12 years to completely switch over, which they will do, destroying or retooling all of their EU production assets in the process. I predict that whi...

Summary Nissan shares have been battered since a rift within the Renault alliance in 2018. Both automakers have floundered, creating a mutual incentive to reconcile differences as global competition grows more fierce. Media reports, unchallenged by the parties, suggest that a ...

Summary A recent share price plunge shows that the market doesn’t take Mullen seriously. Only retail investors do. My team and I decided to take a deep dive into Mullen’s business model and its plans for solid-state batteries. Although solid-state batteries can b...

Summary The well-known French automaker Renault disappointed analysts' expectations of €11.81 billion in revenues versus the reported €9.80 billion. The company's FY 2022 outlook remains unchanged. Watch out for interest rate increases by the ECB. Renault's reven...

Summary The Capital Market Day will be a key catalyst in Renault's future. Renault aims to catch up in electric vehicles in comparison with Tesla and Volkswagen. Renault is planning a network of electric vehicle charging stations along European motorways. Outlook was confi...

Renault SA ( OTCPK:RNSDF ) said that pricing moves helped the automaker maintain strong margins and revenue in the third quarter. For the quarter, the French auto group posted an over 20% jump in revenue from the prior year to €9.78B. The growth in revenue came de...

Renault SA press release ( OTCPK:RNSDF ): Q3 Revenue of €9.78B (+20.4% Y/Y). Automotive revenue reached €9B, up 21.7% Y/Y. The company sold 481,000 vehicles in Q3, down 2.4% Y/Y. FY2022 Outlook : Group operating margin superior to 5%; Automotive ...

Renault SA ( OTCPK:RNSDF ) is reported to be in the final stages of a deal to lower its stake with Japanese partner Nissan Motor ( OTCPK:NSANY ). Sources indicate that the two auto giants are set to sign a non-binding agreement after details were largely finalized late l...