Victoria CHANIAL

Last week I had the privilege to be part of a small #industry delegation attending a roundtable hosted by Council of the European Union President Charles Michel to discuss the state of the competitiveness of the #EU #automotive sector. It was one of those moments a #Brussels #lobbyist longs for throughout her whole career, and I was fascinated by being in the same room with senior business executives who worry about their #companies being able to compete with #rivals based in #jurisdictions with lower #environmental #standards and more generous #subsidies. What Europe will do to sustain its domestic industry will define the fate of countless businesses and workers in the EU, and the place of the EU itself in the world. Enrico Letta's report on the future of the #SingleMarket and #MarioDraghi's report on the future of European competitiveness will show the way towards "a European Union that is ready for today and tomorrow". I wish European leaders good luck and the will to make difficult choices for the good of their citizens, and hope that our EUROBAT - Association of European Automotive and Industrial Battery Manufacturers contribution will be helpful.

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How are automotive leaders tackling global sustainability? Tune into our latest episode of #DrivingTheFuture, where industry experts and leaders Emmanuelle Bischoffe-Cluzel and Alexandre Buzy explore the significant steps Renault is taking to slash carbon emissions across the board.  From ground-breaking eco-designs to comprehensive life cycle assessments.  A few things stood out for me: How Renault employs advanced lifecycle assessments to guide sustainability The strategic deployment of recycled materials in new vehicle production The complex journey towards achieving ambitious carbon neutrality goals Dive into the mechanics of sustainability in automotive manufacturing, tune in now 👉   #AutomotiveIndustry #SustainableMobility

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Dear linkedIn colleagues ! Here's a question for you. 🤗 Have you heard about the #reindustrialization in Europe and the US? ❗Do most senior executives believe reindustrialization will create #JobOpportunities, help achieve our #ClimateGoals, boost domestic manufacturing, demand a more skilled manufacturing workforce, and drive innovation and technical advancement?   ↪️ Reply with a "yes" or "no" on this post.   Discover the driving forces behind #reindustrialization in Europe and the US in @Capgemini's latest report. Our report explores government policies, organizational investments, and their impact on the workforce and environment. Learn more: https://bit.ly/3VWZpmr   PS: you will find the answer to the question in the report

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Not an easy time for auto #suppliers, or for electric-vehicle makers these days. Some important points made by OPmobility (former Plastic Omnium) #CEO Laurent Favre on the occasion of the company's first-quarter figures. “Many of our clients are losing market share, or have volumes that are below their expectations.” #automotive #EVs #carindustry #europe #france #autosuppliers #pricewar #us #equipmentiers #autos #austin #automanufacturing

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#IWork4Stellantis See how #Stellantis is collaborating with suppliers to tackle emissions reduction head-on! Discover in the video the concrete actions we're taking to ensure environmental responsibility at every step. Watch now to learn more!

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Another illustration of Michelin's commitment and support to the local communities where it operates is Michelin Development. Over more than 30 years Michelin has worked to sustain a dynamic economical and social environment around its industrial sites. To achieve this is only possible if we listen to the needs of the local communities. Michelin Development is then able to help with developing taylor-made solutions to support new or growing businesses meeting local needs. It acts concretely as an in-house economic development agency. Over the course of the past 30 years this has represented a combined investment of more than 100 million euros (through bonified loans and grants) which helped support the creation of in excess of 41,000 jobs in SMEs in our local communities around the world (of which 30,000 in France).   It may also happen that because of market conditions or other issues we have no other option but to close an operation. Michelin's support is also present then. Besides making sure that every single employee impacted finds a new job, Michelin also strives to ensure that a new future be possible for the industrial sites impacted, as well as helping the local communities recreate as many jobs as the ones lost because of the closure. Of course this takes time and can only succeed through close partnership with local communities and stakeholders. But it works! Alexander Law, Director for French public Affairs and for Michelin Development, shared our approach and work with the French and international media during the Media day last month. I attach one of the videos shared with the media . It illustrates the most recent projects we have led: the Cleantech Innovation Park in Bamberg (Germany), the Michelin Scotland Innovation Parc in Dundee (Scotland) or the Atinea project in La Roche sur Yon (France). And we are currently working on developing the same approach in Ardmore (Oklahoma, US). #Michelin Developpement #Michelin Scotland Innovation Parc #Cleantech Innovation Park #Atinea: Pôle d'innovation Mobilité & Energies décarbonées #Ardmore Development Authority #Alexander Law #Thomas Berthaud #Didier Gimel #Ana Domingues Guyon

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A true commitment towards sustainable development/circular economy.

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Renault Group is the first of my big companies to report #1Q figures. Quite upbeat tone by #CFO Thierry Pieton. Here are the highlights: - The maker of Renault, Dacia and Alpine cars is sticking to a ``stable'' #pricing policy (unlike some competitors) - The bet is paying off, with residual values for the group's vehicles that are going up and teams that keep on working hard on costs, meaning ``our new models come at a higher margin for us and at a lower price for our customers'' - #EV market may be slower than anticipated two years back but it's still growing: ``There’s a switch to #electrification, no question'' - Strong demand for models including the electric #Megane E-Tech, #Austral, #Sandero and #Clio - More profitable models (C-segment and above) represented 37% of sales - Electrified passenger car sales continued to increase, reaching 48% mix of sales. Strong demand for #hybrids - Best yet to come for 2024, with a a string of 10 new product launches, including the much-awaited all-electric Renault 5 #renault #eletricvehicles #revenues #europe #france #automotive #EVs #carcompanies #autos #dacia #alpine

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Today, we launched our first ”Expert Talk” dedicated to our individual shareholders and we've started with the most buzzing theme at the moment: #ArtificialIntelligence with Dr. Luc JULIA, Renault Group Scientist Director. It was the opportunity to discuss the next evolutions of #AI for our fast-moving sector and its concrete applications on Renault Group’s processes and products. In fact, Renault Group is already using a lot of #AI in the design of its cars, in manufacturing plants, in the use of vehicles and in services. Among others, it allows us to boost innovation and creativity, to gain in productivity, to decrease our time-to-market and to contribute to our ESG roadmap. #RenaultGroup #AI #ArtificialIntelligence #Renaulution #IndividualShareholders

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The big topic in French politics these days is to say that acts have to follow words. People are fed up of being asked what they think, in elections or various “focus groups, and … nothing changes or happens (or so they feel - or, in politics, are made to feel) ! The same dynamics is probably true in other countries. How about in companies ? What measures have you taken, or witnessed, after your company’s “engagement survey” results of last year, or two years ago ? Anything changed, for real ? Are the stated “company values” visible in the way the company, at each level, actually operates ? Absence of confirmation between words and acts, in big things as well as in everyday small things, is one of the main causes of demotivation and employee turnover within companies. Walk the talk. Acts are more powerful than words.

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Check out our #manifesto launched last week in Prague by leaders from the #nuclear industry! This initiative - led by nucleareurope - outlines our priorities for the next European Commission: 👉 Treat all #ZetZero technologies equally 👉 Implement #consistent and #coherent #policies which facilitate the deployment of nuclear 👉 Allow nuclear to access #EUFunds and #finance 👉 Include the nuclear fuel cycle as an enabling activity under the #SustainableFinance #Taxonomy 👉 Ensure that #LowCarbon technologies are not discriminated against in #taxation policies 👉 Enable #innovative nuclear technologies to access EU funds beyond the #Euratom programme and provide greater support for #NuclearResearch 👉 Support and #invest in the development of a #skilled nuclear #workforce.

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Interesting article and comments from Franck NARO vice president for industrial strategy and corporate operations at Renault Group, at last week's ANE Congress. "HPU [hours per unit] is now very famous, everybody in the industry is talking about it,” Naro said. "We were very surprised because before that it was just pure manufacturing people who were discussing it.” Oliver Wyman is very proud to play an important role in this conversation and drive to improve HPU through The Harbour Report®, published since 1981, as the authoritative guide to automotive manufacturing worldwide, and is a leading competitive analysis tool used by OEMs to benchmark performance, develop strategies, and improve operations. The next study will launch this fall and Oliver Wyman looks forward to continuing to support measuring and benchmarking HPU among the global manufacturers.

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A new European regulation, R117-04, came into force on July 1st of this year, proposing a test for used passenger tires 🛞 👏 Here’s why Michelin supports the new regulation. And why it matters, to everyone. Beyond guaranteeing increased road safety, the demanding test is a real win-win: it responds to the challenges of preserving not only the planet, but also the purchasing power of European motorists, saving them some 7 billion euros per year, collectively. Studies teach us important lessons. For example: premature dismantling of tires can produce emissions equivalent to six month’s worth of New York City’s emissions—35 million tons of CO2. These effects are quite significant. For example, we also learned that when stopping on wet ground, it is possible for a worn Michelin tire designed to deliver very good performance over time, to brake an average 3.4 m shorter than a new competitor tire. Three meters that can make a huge difference. Our support for the new regulation is in line with our Michelin commitment to providing long-lasting tire performance, from the first to the last mile, while focusing on the objectives of user safety and environmental friendliness, established in our Group DNA.

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Renault Trucks electromobility solutions and Waste operations go hand in hand - Pick any of our range from 2.8tonnes to 44tonnes and any rigid combination like this low entry 6x2 rear steer 26 tonne Refuge truck and we have a solution for you. Why not give us a call and have a discussion as to how we can help you decarbonise especially when we have our market leading EV Discovery programme. What's not to like?

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The quickest way to decarbonise mobility is accepting that we need a mix of technologies: from hybrids and range extenders to hydrogen and efuels. A “battery electric vehicles only” approach will fail: we need technology neutral targets for an open and innovative industry. #INEOS - INEOS Automotive - #NetZero - #Sustainability

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🔋🚗 The Future of Mobility and Renault Group's Strategic Approach to Raw Materials 🌐🏭 As the global automotive and mobility landscape undergoes rapid transformation, driven by electrification, shared, and autonomous trends, companies like Renault Group are proactively adapting their strategies to stay ahead of the curve. One critical aspect of this evolution is the sourcing and management of raw materials, particularly steel, which plays a vital role in the production of vehicles. Renault Group, including its alliance with Nissan, has been working on optimizing its raw material supply chain to ensure a sustainable, efficient, and resilient sourcing strategy. This approach is essential not only for maintaining competitive advantages but also for meeting the increasing demands of the changing mobility ecosystem. A noteworthy example of their strategic initiatives is the exploration of a 'Local to Local' model. This approach involves the establishment of strong partnerships with local suppliers and manufacturers in key regions, which can significantly reduce logistics costs, lead times, and environmental impact. Moreover, it allows the company to be more agile and responsive to regional market needs and fluctuations. Taiwan, with its robust industrial base and strategic location in the Asia-Pacific region, can potentially serve as a reliable source of materials like steel for Renault Group. The island's advanced manufacturing capabilities, coupled with its commitment to sustainable and innovative practices, aligns well with the values and objectives of the automotive giant. As we move towards a more connected, electric, and shared mobility future, it is crucial for companies to adopt a holistic and forward-thinking approach to raw material supply and management. Renault Group's proactive efforts in this domain are commendable and will undoubtedly contribute to their continued success in the dynamic and exciting world of automotive and mobility. #RenaultGroup #Nissan #RawMaterials #Steel #LocalToLocal #Taiwan #MobilityOfTheFuture #AutomotiveIndustry [Disclaimer: The information presented in this post is based on publicly available sources and does not represent any confidential or insider knowledge.]

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Our Q1 sales are out! Here are some of the highlights: - Sales of 5.4 billion euros, up 2% on a like-for-like basis - OEM sales +1% like-for-like - Outperformance + 2 percentage points - New organization based on three divisions: Valeo Power, Valeo Brain, Valeo Light - 2024 and 2025 objectives reaffirmed

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Our Q1 sales are out! Here are some of the highlights: - Sales of 5.4 billion euros, up 2% on a like-for-like basis - OEM sales +1% like-for-like - Outperformance + 2 percentage points - New organization based on three divisions: Valeo Power, Valeo Brain, Valeo Light - 2024 and 2025 objectives reaffirmed

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