The effects of the chip crisis will diminish, according to Renault

Speaking to Bloomberg TV, Senard stated that they are cautious for this year, but more optimistic for the second half of the year.

"I'm more optimistic about the end of this year. We can manage this crisis, although the first half of the year will be tough," Senard said. made its assessment.

Senard stated that the Russia-Ukraine crisis will not have a major impact on Renault, and that vehicle production in Russia will continue as planned.

The Renault and Nissan alliance announced today that it will invest $26 billion in electric vehicles over the next five years.