Renault talks to China's Li Auto and Xiaomi on tech collaboration [Reuters]
Li Auto Inc. - American Depositary Shares (LI)
Company Research
Source: Reuters
PARIS, April 26 (Reuters) - Renault held talks this week with China's Li Auto and Xiaomi on electric and intelligent vehicle technologies, the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies. KEY QUOTE "Our CEO Luca de Meo engaged in pivotal conversations with industry leaders, including our partners Geely and Dongfeng, key suppliers but also the new players like the founders of Li Auto and Xiaomi Technology," Renault's procurement and partnerships chief Francois Provost said in a post on LinkedIn. WHY IT'S IMPORTANT The talks at the Beijing Autoshow come amid an increasingly tense relationship between Europe and China, with the European Commission launching a series of probes into Chinese exports. Among them, it is whether the rise in sales of Chinese EVs on the continent is due to unfair subsidies. China disputes the claim and has accused Europe of protectionism. CONTEXT De Meo has said Europe faces a di
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LI
Sec Filings
- 5/7/24 - Form 6-K
- 5/1/24 - Form 6-K
- 4/30/24 - Form SC
- LI's page on the SEC website