RNSDF News and Press, Renault S.A. From 06/17/21

European Union car registrations rose 53.4% Y/Y in May to 891,665 units, far below the 1.2M cars sold in May 2019, followed by 218.6% rise in April.Registrations in Spain expanded +177.8%, followed by France +46.4%, Italy +43% and Germany +37.2%.On YTD basis, demand for passeng...

Back in January, hydrogen fuel cell technology company Plug Power (NASDAQ: PLUG) announced its intention to launch a joint venture (JV) with French automaker Renault (OTC: RNSDF) . Today the companies made good on their plans, moving Plug Power stock about 5% higher as o...

Plug Power (PLUG) and Renault (RNLSY) say they have started their Hyvia joint venture to develop hydrogen-powered light commercial vehicles.The companies envision Hyvia as the "first-to-market with turnkey hydrogen mobility solutions: light commercial vehicles with fuel cells, hydrogen chargi...

May saw a bit of the continuation of the chip shortage effects, with deliveries falling just over 5% m/m (but +95% y/y) to 6,711 units. NIO has renewed its contract with JAC until May 2024, doubling capacity to 240,000 units annually (20,000/mo), a large increase from the current 7,50...

Global electric car sales for April 2021 were up 249% YoY reaching 5.7% YTD share. Europe sales rose 136% YoY reaching 15% share, China sales rose 173% YoY reaching 10% share. EV market news - EV prices fall as battery technology improves, EV/ICE parity forecast by 2023. Consumers and...

Commercial vehicle registrations in the European Union expanded 179.2% to 171,283 units in April, followed by +95.3% in March.Low sales in April 2020 due to pandemic was the main reason for this triple digit growth.Three of the major EU markets posted triple digit growth in April, Italy ...

After Britain rejected Yellen’s call for a 21% minimum tax rate, the Treasury Department on Thursday officially proposed a radically lower global minimum corporate tax of 15%. Last week was a big week for housing statistics. Availability is tight, so the volume of sales is decl...

European Union car registrations advanced 218.6% in April to 862,226 units, followed by 87.3% rise in March, because of last year’s low base of comparison due to coronavirus restrictions.YTD demand for passenger cars increased by 24.4% to 3.4M units.Registrations in Italy saw...

As it looks to deepen its presence in the electric car market, Renault (RNSDF) is considering introducing battery-swapping capabilities, which would significantly cut waiting times at recharging stations. "It's not decided, but I see it as an interesting opportunity," CEO Luca de Meo told the...

Global electric car sales for March 2021 were up 173% YoY, reaching 8.2% share. Europe sales rose 169% YoY, reaching 16% share, while China sales rose 244% YoY, reaching 11% share. EV market news - Forecast: Electric vehicle sales will crack 5 million in 2021 reaching 7% share. Joe Bi...