Renault Criticises Tesla For Cutting Electric-Vehicle Pricesenz. The price of a basic model y has been reduced by 6pc to £44,320,. When tesla decided to cut prices on its cars in january, it was expected to trigger similar action in the rest of the industry.
The price of a basic model y has been reduced by 6pc to £44,320,. Following the most recent price drop in europe last week, fabrice cambolive, the head of the renault brand, said that he believes automakers should.
Tesla’s Recent Further Price Cuts Should Be Taken As A “Warning” For Other Automakers Amid What Some See As An “Ev Price War,” Says.
The renault group posted a 5.9% decline in sales.
Tesla Has Cut The Price Of Its Cars In Britain Twice Already This Year In An Effort To Boost Demand.
The renault ceo noted that tesla’s pricing strategy could very well damage customer confidence in the value of their electric cars.
Renault Is Expected To Release Sales Data For The Group, Which Also Includes Dacia And Alpine Cars, On Thursday.
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Some Automakers Followed Suit, While.
Renault’s chief executive has criticised tesla for cutting electric vehicle prices, warning it destroys value for customers, as the french carmaker announced a doubling of profit.
Renault Sa Slumped The Most In More Than Six Months On Concerns That Pricing Pressure.
It’s a warning that we are looking at,” cambolive said.
After Last Week's Price Cut By Tesla, The Tesla Model 3 In France Starts At 41,990 Euros, Compared With 42,000 Euros For The Megane Electric.