Skip to content
Technology
Hyperdrive

Renault Sees ‘Difficult’ Chip Supply Until at Least Mid-2022

  • CEO Luca de Meo speaks in interview at firm’s Flins factory
  • Site near Paris will transform to recycle cars, batteries
Luca de Meo at the Renault Re-Factory recycling plant in Flins, France, on Nov. 30.
Luca de Meo at the Renault Re-Factory recycling plant in Flins, France, on Nov. 30.Photographer: Benjamin Girette/Bloomberg
From

Renault SA expects the supply of semiconductors to remain difficult until at least mid-2022, complicating the automaker’s turnaround that includes overhauling its factory base.

Renault is prioritizing output of higher-margin cars and commercial vehicles as demand remains strong, according to Chief Executive Officer Luca de Meo.