Renault reports 50% surge in European EV orders since Iran war began
Renault CEO François Provost told Reuters that the French automaker's electric‑vehicle orders have risen about 50 % in key European markets such as France and Germany since the war with Iran started. The jump is driven by higher fuel prices that are pushing consumers toward electric cars.
To meet the higher demand, Renault is evaluating extra production shifts at its Douai and Maubeuge plants in France and at the Novo Mesto facility in Slovenia, and has set up a task force to address the surge. The company is also expanding cooperation with Chinese battery maker Envision AESC to produce cheaper lithium‑iron‑phosphate (LFP) batteries. Provost said demand may soften when the conflict ends and fuel prices fall, but the overall shift to electric vehicles will continue.