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Renault chief: 2035 emissions target is unrealistic and threatens industry
Renault CEO François Provost calls Europe’s 2035 emissions target unrealistic and urges limits on Chinese car imports alongside incentives for Chinese manufacturers to invest and produce in Europe. He says China’s industrial ecosystem has costs 35% below Europe’s, affirms Renault’s continued investment in electric cars and full hybrids, and warns that the European market could lose another three million annual vehicle sales by 2030, according to company estimates.