Renault negotiates technical cooperation with Xiaomi and Li Auto. CEO once opposed EU anti-subsidy investigation

News on April 28: Recently, according to "European Automotive News", Renault is actively seeking cooperation opportunities with Chinese electric vehicle manufacturers. It is reported that Renault has had in-depth exchanges with Li Auto and Xiaomi on smart electric vehicle technology. This move is expected to lay a solid foundation for future technical cooperation. Against the backdrop of fierce competition in the global auto market, Renault hopes to open up new growth opportunities for itself through cooperation with Chinese electric vehicle manufacturers. As the world's largest electric vehicle market, China has abundant technical and market resources. Cooperation with Chinese companies will provide Renault with an important competitive advantage. Francois Provost, Renault's head of procurement and cooperation, revealed on social media that the company's CEO Luca de Meo held important talks with many leaders in the industry. Participants include not only Renault's existing partners such as Geely and Dongfeng, but also new potential partners such as China's Li Auto and Xiaomi. This shows that Renault is actively expanding its cooperation network and seeking new breakthroughs in the field of electric vehicles.

According to Luca de Meo, Europe currently faces a challenge, that is, how to learn from China’s advanced automakers while protecting its local market. He emphasized that China has achieved a significant leading position in the development of electric vehicles and intelligent connected vehicle software. Therefore, technical cooperation with China will bring huge development opportunities to Renault. According to Luca de Meo, as China gradually becomes the leader of global automobile manufacturing, Renault will work closely with China's technical cooperation to jointly promote the development of technology. This cooperation will bring huge development opportunities to Renault, whereby Renault will be able to benefit from China's leading position in the development of electric vehicles and intelligent connected vehicle software. In short, technological cooperation with China will bring

to Renault. Previously, Renault has cooperated with Geely on thermal energy and hybrid systems, and has joined forces with Google and Qualcomm to develop smart cockpit technology. These cooperation cases fully demonstrate Renault’s determination in technological innovation and international cooperation.

In late March today, Luca de Meo wrote to the European Union, clearly expressing his opposition to the EU's possible launch of a subsidy investigation into Chinese electric vehicles. He believes that closing the door to China completely would be the worst response.

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