Renault boss calls for smaller cars and better charging in ‘Letter to Europe’ Zainal Abidin, 26/02/202428/03/2024 Business Automotive chief wants EU citizens to recognize struggles facing industry and get industrial ‘Champions League’ reward system off the ground Published: March 19, 2024 Turn on Javascript to see all the available pictures. They say the art of letter writing is dead, but Renault boss Luca de Meo is defying that trend having penned an eighteen-page missive entitled ‘Letter to Europe’. It’s no love letter. The Italian chief talks about the challenges facing the automotive industry in Europe, from the influx of Chinese imports, to the lack of sovereignty around raw materials. He warns a failure to implement a strategy to deal with them successfully will threaten European prosperity. Oh. Advertisement – Page continues below In the document, the CEO cites six key areas – decarbonisation, digitalisation, regulation, upskilling and volatility in technologies and pricing – hitting the car industry simultaneously. Adding in the objective of getting to net zero by 2035, de Meo said “no other industry is facing an ambition on this scale”. The ‘advocacy paper’ (as he phrases it) looks at how other big economies – namely China and the US – are managing such big-ticket changes. He points to China’s strategic planning that has … Continue Reading