Press ReleaseSeptember 26, 2023 The Alliance’s model is evolving towardsa more efficient and agile project-driven cooperation Boulogne-Billancourt, September 26, 2023 Renault Group, Nissan Motor Co., Ltd. and Mitsubishi Motors Corporation announced on February 6th a new chapter of their Alliance, aiming to reshape their collaborative model to make it more agile, and pave the way for improved competitiveness. This new scheme lays the foundations of a new balanced, fair, and effective governance,
Renault will maintain production of ethanol-fueled combustion vehicles in Brazil, where nine in 10 cars are equipped to run on a mixture of gasoline and the biofuel as fully electric vehicles (EVs) need more government support, the head of the French carmaker's Brazil branch said on Friday. "It still pays to invest in combustion in Brazil," top executive Ricardo Gondo said at an event, adding that the industry will need more federal incentives to accelerate its EV transition. Renault is wrapping up a $2 billion reais (over $400 million) investment in the country which includes a new vehicle platform to be produced in its Parana state industrial complex, that would allow the company to produce combustion engines in the facilities and "allow electrification", Gondo said.
Disclosure of the total number of voting rights and shares, provided pursuant to article L. 233-8 II of the French Commercial Code and the Article 223-16 of the Règlement général de l’Autorité des marchés financiers (Regulation of the French stock market authority) Company name of the issuer: Renault SA 122 - 122 bis Avenue du Général Leclerc 92100 Boulogne-Billancourt (ISIN code FR0000131906 – RNO) Date Total number of issued shares Total number of voting rights August 31, 2023 295,722,284 Theo