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flag Renault CEO's hybrid tech investment fuels 55% surge in hybrid sales amid electric competition.

flag Renault CEO Luca de Meo's investment in low-cost hybrid technology is helping the company compete in Europe's growing hybrid market, as rivals face electric mobility challenges. flag The Renault hybrid Clio is priced 400 euros lower than competitors like the Toyota Yaris. flag Over the past year, Renault's hybrid sales surged by 55%. flag However, to meet upcoming CO2 regulations, Renault must increase electric vehicle sales from 12% to nearly 20%.

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