Renault ends project with Valeo to develop rare-earth-free electric motor, looks for Chinese suppliers
Renault shifts its focus to in-house development with potential Chinese collaboration for a rare-earth-free motor amid cost-cutting measures
French carmaker Renault has decided to terminate its partnership with Valeo to develop a rare-earth-free electric vehicle motor and is instead seeking a more cost-effective Chinese supplier, according to sources familiar with the situation.
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