Skip advert
Advertisement

Renault boss calls for co-operation with Chinese car makers

Renault Group boss Luca de Meo has called for co-operation with Chinese car brands coming to Europe in a bid to secure European manufacturing

Luca De Meo - Renault

Renault Group boss Luca de Meo has played down the risk of Chinese brands coming into Europe and pushing the established players out of business, suggesting a new spirit of co-operation could help shore up the future of European car manufacturing. 

Speaking in response to questions about tariffs on Chinese cars, de Meo predicted a shift in the dynamic between European makers, component suppliers and the incoming brands.  

“They might have to think about localising production, integrating differently in a deeper way into the ecosystem, which is actually what they asked us to do [when we went into China] 20, 25 years ago,” said de Meo, speaking at the Paris Motor Show. “Maybe the Chinese can help, doing joint ventures, financing things; instead of doing that in China, they do it here, so they can take part.”

Advertisement - Article continues below

De Meo pointed out that the new Chinese brands are not the first to try and enter Europe and played down the risk of a complete takeover. “I'm old enough to have seen the Japanese and then the Koreans come in to Europe, and it was before my time professionally but also the Americans with Ford and GM. 

“You add up American, Japanese and Koreans and you’re at 25% of the European market, and not 95%, and we're still there; actually, last year, Renault had the best result in its history,” De Meo continued. “So it doesn't mean we’re going to be wiped out. It's not going to be a walk in the park. We're going to react, we’re going to compete.”

The boss of Renault Group added that European brands will need the experience of Chinese firms with battery technology in particular. 

“I always said we need to find a deal with China, because we won't be able to compete and to accelerate the electric vehicle without the support of the Chinese companies that control the mining industry, their chemical refining, their capacity and competence,” he declared. “Most of the gigafactories built in Europe are actually built and designed by Chinese companies, because they have experience.

“I believe that we need to find a deal. This is now the time of discussion, instead of regretting whether the thing went a certain way, and making arguments about opportunity or having important duties or not so,” de Meo concluded. “So what kind of deal can we do, because they want access to the European market, it's a rich market. It's one of the markets that will naturally go electric so they need a share of the cake, and in exchange for that, we probably need some help.”

Want the latest car news in your inbox? Sign up to the free Auto Express email newsletter...

Skip advert
Advertisement

As Editor, Paul’s job is to steer the talented group of people that work across Auto Express, Carbuyer and Driving Electric, and steer the titles to even bigger and better things by bringing the latest important stories to our readers. Paul has been writing about cars and the car industry since 2000, working for consumer and business magazines as well as freelancing for national newspapers, industry titles and a host of major publications.

Find a car with the experts

Skip advert
Advertisement

Recommended

Expect more retro Renaults that drink from customers’ “reservoir of sympathy”
Renault 5 - front full width

Expect more retro Renaults that drink from customers’ “reservoir of sympathy”

The brand’s model line-up is now divided into ‘legendary icons’ like the retro-inspired R5, and ‘future icons’ such as the futuristic-looking Megane a…
News
24 Mar 2025
Renault Embleme concept to inspire new shooting brake flagship
Renault Embléme concept - front

Renault Embleme concept to inspire new shooting brake flagship

Renault is working on an electric shooting brake to top its range
News
17 Mar 2025
Renault has gone from unloved to exciting in just a few years
Opinion - Renault

Renault has gone from unloved to exciting in just a few years

Editor Paul Barker marvels at the transformation of Renault, which now boasts an exciting line-up of cars
Opinion
28 Feb 2025
“We should have revived Renault 5 earlier” says firm’s marketing boss
Renault 5 - front cornering

“We should have revived Renault 5 earlier” says firm’s marketing boss

French firm’s vice president hints at more retro-named models to come, alongside new nameplates that need to mean something… unlike AI-generated Kadja…
News
20 Feb 2025

Most Popular

Car Deal of the Day: BYD Seal – signed, sealed and delivered for less than £305 a month
BYD Seal - front cornering

Car Deal of the Day: BYD Seal – signed, sealed and delivered for less than £305 a month

The BYD Seal is a Tesla Model 3 rival, and a very good one at that. It’s our Deal of the Day for 31 March
News
31 Mar 2025
Car Deal of the Day: Only £245 per month for the 60mpg Renault Rafale coupé-SUV
Renault Rafale - front cornering

Car Deal of the Day: Only £245 per month for the 60mpg Renault Rafale coupé-SUV

Sleekly styled SUV comes with hybrid power and a competitive monthly price in our Deal of the Day for 29 March
News
29 Mar 2025
Car Deal of the Day: Hybrid-powered Peugeot 3008 for £208 per month
Peugeot 3008 Hybrid - front tracking

Car Deal of the Day: Hybrid-powered Peugeot 3008 for £208 per month

Peugeot’s sharply styled and hybrid-powered family car can be leased for as little as £208 per month in this deal
News
30 Mar 2025