Renault eyes $8,000 electric car for China
- Donald Trump Sworn in as 45th U.S. President
- Wall Street ends higher as Trump becomes president
- Walgreens Boots Alliance (WBA) Said to Face Antitrust Concern for Rite Aid (RAD) Fix - Bloomberg
- Bristol-Myers Squibb (BMY) Says It Won't Pursue Accelerated U.S. Regulatory Pathway for Opdivo Plus Yervoy in Lung Cancer
- Apple (AAPL) Sues Qualcomm (QCOM) Over Patent Royalties in Antitrust Case - Bloomberg
Get instant alerts when news breaks on your stocks. Claim your 2-week free trial to StreetInsider Premium here.
PARIS (Reuters) - Renault's low cost electric car program is aiming for a price tag of $8,000 or less after Chinese incentives, Chief Executive Carlos Ghosn said on Thursday.
Speaking at the New York Times Energy for Tomorrow conference in Paris, Ghosn said the ultimate goal was to sell battery cars in that price bracket without any subsidies.
"What we want to do is bring a $7,000-8,000 electric car without incentives," he said.
"If we are able to make this kind of breakthrough, it's going to change the game," he added.
(Reporting by Laurence Frost, Editing by Dominique Vidalon)
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Trump inauguration draws nearly 31 million U.S. television viewers
- French primary vote to leave two in running for Socialist presidential nomination
- Boko Haram attacks town previously bombed by Nigerian air force, 15 killed: army
Create E-mail Alert Related CategoriesReuters
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!