Renault's new CEO François Provost calls for greater flexibility from the EU on electric vehicle regulations, emphasizing the need for urgent changes to prevent the decline of the European car industry.
François Provost, the newly appointed CEO of Renault, is urging the European Union to adopt a more flexible approach regarding emissions regulations for cars. Speaking with FAZ and other international media, he stressed the necessity for urgent decisions to implement fundamental changes in response to regulatory pressures facing the industry. Provost contended that without such adaptations, Europe’s automotive sector risks significant decline.
During the discussion, Provost expressed cautious optimism about the growing sense of urgency among EU officials and various governments regarding the automotive industry’s predicament. He noted the need for specific actions rather than sentiments of urgency, as the current pace of regulatory change poses a risk to the continent's competitive edge in automotive manufacturing. Despite a communal understanding of the issues, Provost emphasized the lack of concrete measures being taken.
Provost also highlighted the need for Renault to pivot towards creating smaller, more affordable electric vehicles, aligning with market demands while balancing regulatory expectations. His statements reflect not only Renault's strategic focus but also the broader challenges faced by the EU's automotive landscape as it navigates the transition toward electrification amidst regulatory uncertainty and market pressures.
