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Renault Rebounds: Profit Returns Amidst EV Boom
29 Jul
Summary
- Renault returned to profit in the first half of 2026.
- First-half revenue increased by 9.4% year-over-year.
- Electric vehicle sales saw a sharp rise despite competition.
Renault has achieved a return to profitability in the first half of 2026, a marked improvement from a significant one-off loss experienced during the same period in the prior year.
The company announced first-half revenue figures of 30.25 billion euros, representing a 9.4% increase compared to the 27.64 billion euros reported last year.
This financial recovery was bolstered by a substantial increase in electric vehicle sales. Despite facing stiff competition, particularly from rapidly expanding Chinese manufacturers, Renault's EV segment showed strong growth.
Overall, the first six months of 2026 yielded a net profit of 700 million euros for Renault. This contrasts sharply with the 11.14 billion euro net loss recorded in the corresponding period of 2025.
