Renault to cut up to 20% of engineers as competition from China heats up
Renault to cut up to 20% of engineers as competition from China heats up
www.straitstimes.com
Renault to axe up to 20% of engineers as competition from China heats up
The French automaker currently employs more than 11,000 engineers around the world. Read more at straitstimes.com. Read more at straitstimes.com.
cross-posted from : https://lemmy.zip/post/62563422
Renault has relied on Chinese parts and its research and development operations in Shanghai to develop the sub-20,000 euro (S$30,000) electric Twingo, which the company will start selling in 2026. Mr Provost has pledged to apply the lessons learned in China at its R&D hubs in France, notably at the the sprawling Technocentre complex near Paris.