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Renault Rattled by Threat From Chinese Electric Cars Imports

  • French carmaker chairman cites risk from new wave of rivals
  • Norway used as testing ground for larger European market
Renault SA Automobile Assembly Ahead of $5 Billion State-Backed Loan
Photographer: Christophe Morin/Bloomberg
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A flood of Chinese electric cars coming ashore in Norway -- one of the biggest markets for battery-powered vehicles in Europe -- is a sign of the “ferocious competition” awaiting the region’s automakers.

That warning by Jean-Dominique Senard, chairman of struggling French carmaker Renault SA, comes as European manufacturers roll out more electric cars in the midst of a deep slump brought on by the coronavirus.