Renault CEO urges ‘Marshall Plan’ for EVs

PARIS: The chief executive of French automaker Renault called on Tuesday for a European “Marshall Plan” to accelerate the adoption of electric vehicles and reduce carbon emissions in the face of Chinese competition. He likened it to the EU’s post-Covid recovery plan, saying a special European fund could finance incentives for the purchase of new […]

Renault CEO urges ‘Marshall Plan’ for EVs

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PARIS: The chief executive of French automaker Renault called on Tuesday for a European “Marshall Plan” to accelerate the adoption of electric vehicles and reduce carbon emissions in the face of Chinese competition.

He likened it to the EU’s post-Covid recovery plan, saying a special European fund could finance incentives for the purchase of new or used electric vehicles (EVs).

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