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In "BUSINESS"
October 05, 2018
Danske shares slide as US criminal inquiry spooks investors
PARIS — Under dazzling autumn sunshine in the heart of Paris, Marc Fiot steps out of a new Zoe, Renault's flagship all-electric hatchback, and readily declares it "the future".
Does that mean the 70-year-old retiree, who says he hasn't missed an edition of the Paris Motor Show since 1966, is ready to join what carmakers insist will be the electric revolution?
"Not right away," Fiot says. "What's stopping us is the price — it's a bit expensive for a small car."
The base price for a Zoe starts at 23,000 euros ($26,500) in France, and doesn't include battery rental costs — though the government is offering a 6,000 euro clean car rebate.
But higher costs relative to traditional vehicles are just one of the hurdles facing the industry...
October 05, 2018
'Not right away': Electric cars still have long road ahead
October 05, 2018
EU commissioner questions legality of new Ryanair terms
October 05, 2018
Samsung Electronics flags record Q3 operating profit
October 05, 2018
Tesla's Musk mocks SEC as judge demands they justify fraud settlement
October 05, 2018
Marmite maker Unilever axes move from UK to Netherlands
October 04, 2018
Saudi British Bank, Alawwal bank Boards recommend merger
October 04, 2018
Emirates to reduce flights during Dubai airport runway closure next year
October 04, 2018
Honda joins forces with GM's Cruise to develop autonomous vehicles
October 04, 2018
Toyota, Softbank unveil tie-up, eye autonomous vehicle services