German-Australian start-up Vulcan Energy Resources Ltd said on Monday it has signed a deal to supply lithium to Renault SA, the latest move by an electric vehicle maker to lock down supply of the battery metal ahead of a projected surge in demand. Vulcan will supply 6,000 to 17,000 tonnes of lithium annually to the French automaker from its geothermal brine deposits in Germany starting in 2026, the companies said. Renault, with brands including Alpine and Dacia, has said it would like 90% of Renault models to be fully electric by 2030.
LONDON/PARIS (Reuters) -French carmaker Renault said on Friday it expected to deliver a full-year 2021 profit even as a global shortage in semiconductor chips and rising raw material costs crimped production. Renault said it now expected the chip shortage to lead to a production loss of 200,000 units this year, doubling its previous forecast. The carmaker, which has been focusing more on its most profitable models, reported a return to half-year net profit after a hefty loss a year ago, crediting rising car sales and its pricing efforts.
PRESS RELEASEJULY 30, 2021 Communication about the availability of H1 2021 financial report Boulogne-Billancourt, 7/30/2021 – Renault announces that the 2021 H1 Financial Report is filed with the French Financial Markets Authority and is now available on Renault website www.group.renault.com, tab Finance, in the ‘Regulated information’. Attachment PR RG availability H1 2021 financial report