RNSDF News and Press, Renault S.A. From 03/03/23

The new Tesla ( NASDAQ: TSLA ) Gigafactory in Mexico is expected to be twice the size of the factory in Austin, Texas. Santa Catarina Mayor Jesus Nava disclosed the amount of land purchased by Tesla in an industrial zone is nearly 4.2K acres. Construction at the site is anticipated to beg...

Summary Doubled profits and returned to the dividend payment. Luca de Meo confirmed: "we have recovered and we are back in the race. That's the automotive beauty industry - it's always possible to reverse a negative situation" It is an execution story now, and on the valuation, we a...

Summary A recent European report, including a BMW Series3 PHEV, disputes PHEV's CO2 emissions and fuel efficiency. Calls for PHEV regulations to be based on reality, not myths. Some aspects of emissions and fuel efficiency data might mislead BMW Series 3 and upcoming Series 5 PHEV purch...

Summary Global electric car sales Dec. 2022 were an estimated 1.1 million+. China sales up 83% YoY to 30% share. Europe up 147% YoY to 38% share. US ~7% share. EV market news - UK's petrol and diesel sales eroded as EV sales surged 40% in 2022. China new-energy vehicle sales, shipments ...

Summary Renault reduces stake in Nissan to 15% and redraws its 20-year alliance. On the other side, Nissan will invest in Renault's future electric division called Ampere. Supportive positive news for Nissan. Buy target at Yen 600 per share. Here at the Lab, we closely fol...

Summary Stellantis is a combination of Italian Fiat and French PSA. The Group has double-digit market share in over 12 countries. We see headwinds derived from a deterioration in market conditions and a stagnation of sales in Europe and North America. Positives include a strong EV o...

Nissan Motor ( OTCPK:NSANY ) and Renault ( OTCPK:RNSDF ) are due to formally announce a new deal to reorient their partnership in early February, according to Reuters. Per the reporting , the two automakers will make the announcement in London on February 6. The announceme...

Summary Global electric car sales Nov. 2022 were an estimated 1million+. China sales up 50% YoY to 35% share. Europe up 26% YoY to ~28% share. US ~6% share. EV market news - By 2029, electric vehicles could account for a third of the North American market and about 26% of vehicles produ...

Summary Renault becomes a holding company. In 2023, there will be Ampère's IPO (the electric brand). There will be a separation of the ICE and EV businesses. The pact with Geely is underway. De Meo's words: 10% of the capital to the employees. No news on cross-share ownersh...

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...