"Renault's Retro-Inspired $27,000 EV Comes with Baguette Basket and Sparkle Colors"

1 min read
Source: Fortune
"Renault's Retro-Inspired $27,000 EV Comes with Baguette Basket and Sparkle Colors"
Photo: Fortune
TL;DR

Renault introduces the R5 E-Tech, an entry-level electric vehicle priced at $27,000, aiming to compete with Chinese rivals and capture the European mass market. The car features a digital voice assistant, 400 kilometers of driving range, and unique offerings such as a baguette basket and vibrant colors. Renault's CEO, Luca de Meo, sees the R5 as a crucial step in the company's transformation and is exploring partnerships to reduce costs. The EV's recyclability, bi-directional charging, and potential government incentives aim to address the challenges of high vehicle prices and government policy changes in the EV market.

Share this article

Want the full story? Read the original reporting

Read on Fortune