Published by
Reuters UK
Reuters UK
By Gilles Guillaume and Piotr Lipinski PARIS (Reuters) – Renault is looking at creating separate divisions for electric and combustion engine cars, an idea other automakers have resisted in case it weakens their ability to use profits from polluting vehicles to fund a cleaner future. The French automaker announced its “strategic studies” on Friday as it reported an annual profit for the first time in three years and said its turnaround plan was ahead of schedule. With its finances on a surer footing, the company is now accelerating efforts to catch up with the likes of Tesla and Volkswagen, wh…