Previous close | 54.05 |
Open | 56.06 |
Bid | 0.00 x 0 |
Ask | 0.00 x 0 |
Day's range | 56.06 - 58.20 |
52-week range | 35.41 - 58.20 |
Volume | |
Avg. volume | 379 |
Market cap | 16.834B |
Beta (5Y monthly) | 1.71 |
PE ratio (TTM) | 6.74 |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | 2.00 (3.44%) |
Ex-dividend date | 22 May 2024 |
1y target est | N/A |
French automaker Renault presented an electric sports car on Thursday, the first in a planned range of premium EVs, which could help it fight off looming competition from China and grab share in a category outperforming the rest of the market. Better known for its mid- to low-end Renault and Dacia cars, Renault plans to roll out seven electric models under its Alpine sports brand to capture higher margins. The first, the compact Alpine electric A290, is based on the Renault 5, with some features of the Alpine sports car that races in Formula 1.
Renault CEO Luca de Meo was critical of Volkswagen after talks over a joint affordable EV imploded.
Renault said it would link up with a Chinese engineering company to develop future Twingo cars priced below 20,000 euros ($21,676), as European automakers target smaller and cheaper electric vehicles to compete with Chinese peers. "Twingo's development is moving forward quickly, as we plan to make the development in two years," said a spokesperson for Renault's Ampere electric vehicles division.