Renault plans to build a network of charging stations for electric cars along motorways across Europe, the French carmaker's e-mobility services unit said on Monday.
A logo on the Renault exhibition space at the Viva Technology conference dedicated to innovation and startups at Porte de Versailles exhibition center in Paris, France June 15, 2022. REUTERS/Benoit Tessierplans to build a network of charging stations for electric cars along motorways across Europe, the French carmaker's e-mobility services unit said on Monday.
The first charging station will open in a few months in southern France, with 200 more planned to follow by mid-2024 in France, Belgium, Italy and Spain, Mobilize said, adding it was in advanced talks with potential partners to finance the network. Rolling out an adequate charging infrastructure and offering motorists convenient solutions when travelling is one of the main challenges faced by producers of electric vehicles, as batteries generally offer less driving radius than fuel tanks and take much longer to recharge.Renault, whose share price value has declined almost 70% since early 2018, is far from being a leader in the European electric vehicles market.
But the company is pushing ahead with plans to split its EV and combustion engine businesses in a bid to compete with rivals such as newcomer Tesla
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