Albertina Torsoli
Hyperdrive Renault is pitching affordable electric cars to win over mass-market buyers — and make a profit. Hyperdrive Making the brand fit for the electric age is central for the carmaker’s mass-market ambitions.
62%
The Daily's Verdict
This author has a mixed reputation for journalistic standards. It is advisable to fact-check, scrutinize for bias, and check for conflicts of interest before relying on the author's reporting.
Bias
75%
Examples:
- The author uses a misleading tone to present Renault's cancellation of the IPO plan as a result of poor market conditions rather than admitting that it was due to internal issues within the company.
Conflicts of Interest
50%
Examples:
- The author does not disclose any clear conflicts of interest in the article. However, she may have a bias towards Renault as her biography suggests that she is covering their electric vehicle strategy.
Contradictions
85%
Examples:
- The author contradicts herself by claiming that Renault had already raised €1 billion ($1.2 billion) through its initial public offering (IPO), which implies that there was some interest from investors, while also implying that there was no appetite for share sales amid a slowdown in EV demand.
Deceptions
50%
Examples:
- The author uses deceptive practices by omitting important information and presenting it in a misleading way. She does not provide any evidence or sources for her claims about Renault's cash generation and funding needs.
Recent Articles
Renault Cancels IPO of EV Unit Ampere Amid Market Downturn and Consumer Concerns
Broke On: Wednesday, 31 January 2024Renault cancels IPO of EV unit Ampere due to unfavorable market conditions in the European IPO market, where proceeds for new listings were down by more than a third last year. Consumers have concluded that EVs take too long to recharge and have inadequate range, leading innovators to try making charging stations more entertaining and manufacturers searching for better batteries.