Renault Unveils Made-in-France Electric Car Priced Below €35,000

R4 E-Tech shown in Paris has a driving range of 400 kilometers
Model aimed at competing with Chinese EVs coming to Europe

WATCH: Renault CEO Luca de Meo says ramping up electrification in Europe will be more difficult if policymakers fail to reach an agreement with China.Source: Bloomberg

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By Albertina Torsoli

October 14, 2024 at 7:30 AM UTC

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Renault SA unwrapped the R4 E-Tech, a compact electric vehicle meant to help the automaker better compete with budget offerings from Chinese manufacturers led by BYD Co.

The model, expected to cost less than €35,000 ($38,252), debuted Monday at the Paris auto show. It’s a plug-in take on an economy car that helped the brand win over millions of drivers starting in the 1960s. The R4 will be assembled in Maubeuge, France, with its motor and battery sourced from plants nearby.