Renault talks to China's Li Auto and Xiaomi on tech collaboration

PARIS - Renault held talks this week with China's Li Auto and Xiaomi on electric and intelligent vehicle technologies, the French carmaker said on Friday, opening the door to potential collaboration on technology with the two companies.

Renault already partners with China's Geely in thermal and hybrid powertrains, and collaborates with tech companies Google and Qualcomm in smart cockpits.A brutal elimination round is reshaping the world’s biggest market for electric cars A “life and death race” has begun to unfold in the world’s largest market for electric vehicles. Many players won’t reach the finish line.U.S. and European politicians have raised alarms that their domestic auto industries could be destroyed by a wave of cheap Chinese electric vehicles. The goal: to rake in hefty profit margins the automaker can’t get in China amid fierce competition.

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