![Renault to reach its goal on integrated electric vehicles chain before 2030 -CEO](https://i-invdn-com.investing.com/trkd-images/LYNXMPEI8L0BA_L.jpg)
© Reuters. FILE PHOTO: The logo of carmaker Renault is seen at a dealership in Paris, France, August 15, 2021. REUTERS/Sarah Meyssonnier/File Photo
PARIS (Reuters) – French carmaker Renault (EPA:) will reach its target of having an 80% integrated electric vehicle (EV) chain before its initial date of 2030, said Renault chief executive Luca de Meo.
De Meo added that collaboration remained a key aspect regarding thermal engines vehicles.
Renault upgraded its full-year outlook in July, saying that its turnaround plan to improve profitability was delivering results ahead of schedule.
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