Renault R5 Achieves Higher Profit Margins Than Larger EV Models

Renault R5 profitability challenges industry trends on small electric cars

Renault Group (RENA.PA) is achieving better margins on its compact electric R5 than ​larger models like the Megane or Scenic, ‌CEO Francois Provost told French business daily Les Echos this week. European carmakers have frequently said cumbersome regulations in ​Europe and an immature battery supply chain make ​it hard to turn a profit on ⁠electric […]