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RNSDF News and Press, Renault S.A. From 06/25/21

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Company Name: Renault S.A.
Stock Symbol: RNSDF
Market: OTC

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RNSDF - Renault Group and STMicroelectronics enter vital cooperation on power electronics

Sundry Photography/iStock Editorial via Getty Images Renault Group (RNLSY) selects STMicroelectronics (STM) as a vital innovation partner, securing the supply of electric and hybrid vehicle advanced power semiconductors to be produced from 2026. STMicroelectronics will produce custom-made pro...

RNSDF - Renault, STMicroelectronics enter cooperation on power electronics systems

Jens Schlueter/Getty Images News Renault (RNLSY) and STMicroelectronics (STM) +0.33% premarket enter a strategic cooperation on the design, development, manufacturing, and supply to Renault Group of STMicroelectronics' products and related packaging solutions for the power electroni...

RNSDF - EU commercial vehicle new registrations rose 51.3% in May

Commercial vehicle registrations in the European Union increased 51.3% to 165,363 units in May, followed by +179.2% in April.Spain saw the highest growth with +89.6%, followed by Italy +51.3%, Germany +46.4% and France +28.4%.On YTD basis, commercial vehicle registrations ...

RNSDF - European Union passenger car registrations up 53.4% in May

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...

RNSDF - Why Plug Power Stock Rose Friday

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...

RNSDF - Plug Power, Renault launch JV to make hydrogen-powered vans this year

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...

RNSDF - NIO: May Deliveries, Doubled Capacity, And More Catalysts For Growth

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...

RNSDF - EV Company News For The Month Of May 2021

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...

RNSDF - EU commercial vehicle new registrations expanded 179.2% in April

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 ...

RNSDF - Chances For Yellen's 'World Corporate Tax' Diminish

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...

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