Automotive Oct 20, 2021 08:56 PM (GMT+8) · EqualOcean
Financial Associated Press, October 20, three sources said that due to the global shortage of semiconductor chips, French carmaker Renault expects to reduce production by at least 300000 vehicles this year, much higher than the previous expected 220000 vehicles. Renault will announce its third quarter sales on Friday local time. Renault said this summer that electric vehicles will account for 90% of Renault's brand sales by 2030, but the shortage of parts has forced global carmakers to cut or even suspend production.

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