{"id":1270797,"date":"2023-09-04T14:57:31","date_gmt":"2023-09-04T13:57:31","guid":{"rendered":"https:\/\/www.businesstelegraph.co.uk\/no-need-to-hinder-chinese-brands-in-europe-renault-boss-de-meo\/"},"modified":"2023-09-04T14:57:31","modified_gmt":"2023-09-04T13:57:31","slug":"no-need-to-hinder-chinese-brands-in-europe-renault-boss-de-meo","status":"publish","type":"post","link":"https:\/\/www.businesstelegraph.co.uk\/no-need-to-hinder-chinese-brands-in-europe-renault-boss-de-meo\/","title":{"rendered":"&quot;No need to hinder Chinese brands in Europe&quot; \u2013 Renault boss de Meo"},"content":{"rendered":"<p> <script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<!-- newscabal uk text -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:inline-block;width:728px;height:90px\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"3688094655\"><\/ins>\r\n<script>\r\n(adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<\/p>\n<div>\n<p>&#8220;The thing that is not in the habits or the rules of the European community &#8211; we tend to finance innovation projects, but not manufacturing, so you get the money to develop a platform but not to put the platform on the line.<\/p>\n<p>&#8220;The money is available but the logic only addresses one part of the story. So when you want to sell cars, you have to produce them, and to produce them you have to build plants and infrastructure, and the system of subsidies in general across sectors is not designed to support manufacturing development, only R&amp;D.&#8221;<\/p>\n<p>Renault will publish a study in the coming weeks, conducted by an independent body, that compares the structures and impact of the three systems: US, China and Europe. &#8220;It is very difficult to compare them,&#8221; he said, &#8220;I think it will be very useful&#8221;.<\/p>\n<p>He said that European manufacturers &#8220;want to be listened to&#8221; by the European Commission, and suggested that the carbon-reducing regulations imposed upon car makers are not a suitable stand-in for structured support.<\/p>\n<p>Asked how he and other industry representatives can promote this argument, he explained: &#8220;That&#8217;s part of the work we are doing with the ACEA (European Automobile Manufacturers Association).<\/p>\n<p>&#8220;For sure, the starting point is not glorious for us as an association, as a sector, because we have always played a little bit defensive, but finally ended up doing the things in the end. We say &#8220;no, no, no&#8221;, but there is an assumption that we will complain but then we will do it. I think that impacted the credibility of the industry.&#8221;<\/p>\n<p><img decoding=\"async\" alt=\"Chinese car makers are bringing different approaches to the UK market, such as with the Ora Funky Cat\" class=\"lazyload\" src=\"https:\/\/www.businesstelegraph.co.uk\/wp-content\/uploads\/2023\/09\/quotNo-need-to-hinder-Chinese-brands-in-Europequot-\u2013-Renault.jpg\"\/><\/p>\n<\/p><\/div>\n<p><script async src=\"\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js\"><\/script>\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block; text-align:center;\"\r\n     data-ad-layout=\"in-article\"\r\n     data-ad-format=\"fluid\"\r\n     data-ad-client=\"ca-pub-8162386273903324\"\r\n     data-ad-slot=\"7859258044\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><br \/>\n<br \/><a href=\"https:\/\/www.autocar.co.uk\/car-news\/new-cars\/no-need-hinder-chinese-brands-europe-renault-boss-de-meo\">READ SOURCE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;The thing that is not in the habits or the rules of the European community &#8211; we tend to finance innovation projects, but not manufacturing, so you get the money to develop a platform but not to put the platform on the line. &#8220;The money is available but the logic only addresses one part of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1270801,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_oct_exclude_from_cache":false,"footnotes":""},"categories":[2],"tags":[],"class_list":["post-1270797","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-autos"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.1 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>&quot;No need to hinder Chinese brands in Europe&quot; \u2013 Renault boss de Meo - Business Telegraph<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.autocar.co.uk\/car-news\/new-cars\/no-need-hinder-chinese-brands-europe-renault-boss-de-meo\" \/>\n<meta property=\"og:locale\" content=\"en_GB\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"&quot;No need to hinder Chinese brands in Europe&quot; \u2013 Renault boss de Meo - Business Telegraph\" \/>\n<meta property=\"og:description\" content=\"&#8220;The thing that is not in the habits or the rules of the European community &#8211; we tend to finance innovation projects, but not manufacturing, so you get the money to develop a platform but not to put the platform on the line. &#8220;The money is available but the logic only addresses one part of [&hellip;]\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.autocar.co.uk\/car-news\/new-cars\/no-need-hinder-chinese-brands-europe-renault-boss-de-meo\" \/>\n<meta property=\"og:site_name\" content=\"Business Telegraph\" \/>\n<meta property=\"article:published_time\" content=\"2023-09-04T13:57:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.businesstelegraph.co.uk\/wp-content\/uploads\/2023\/09\/1693837442_quotNo-need-to-hinder-Chinese-brands-in-Europequot-\u2013-Renault.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"900\" \/>\n\t<meta property=\"og:image:height\" content=\"596\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"businesstelegraph\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"businesstelegraph\" \/>\n\t<meta name=\"twitter:label2\" content=\"Estimated reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.autocar.co.uk\/car-news\/new-cars\/no-need-hinder-chinese-brands-europe-renault-boss-de-meo#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.businesstelegraph.co.uk\/no-need-to-hinder-chinese-brands-in-europe-renault-boss-de-meo\/\"},\"author\":{\"name\":\"businesstelegraph\",\"@id\":\"https:\/\/www.businesstelegraph.co.uk\/#\/schema\/person\/0a3a6a0f58402f1f2af94e02d0987b78\"},\"headline\":\"&quot;No need to hinder Chinese brands in Europe&quot; 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