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Renault wants half its cars to be electric or hybrid in 2022

Published: Friday, October 06, 2017 @ 3:36 AM
Updated: Friday, October 06, 2017 @ 3:35 AM

French carmaker Renault said Friday that half of its models will be electric or hybrid by 2022 and it's investing heavily in "robo-vehicles" with increasing degrees of autonomy.

A strategic plan released Friday aims to boost Renault annual revenues to 70 billion euros ($82.2 billion) by 2022 from 51 billion euros last year, in part through an effort to double sales outside its traditional markets in Europe — especially Russia and China.

The plans reflect the vision laid out last month by the Renault Nissan Mitsubishi alliance, the world's No. 1 carmaker by sales. Many of Renault's new aims depend on saving money through sharing platforms and development with Nissan and Mitsubishi.

CEO Carlos Ghosn said Renault is aiming to sell more than 5 million vehicles annually by 2022 from 3.2 million last year. The plan relies in part on boosting low-cost car production in emerging markets, notably with the Dacia Logan and Kwid mini-SUV.

As regulators crack down on emissions from combustion engines and as drivers seek cars that can do more by themselves, Ghosn wants to position Renault as a major player in mass-market electric and driverless cars.

"We are confident we can turn upcoming ... challenges into significant business opportunities for Renault," he said.

The company pledged to offer eight purely electric vehicle models and 12 hybrid models by 2022, compared with its 19 diesel or gasoline models sold worldwide, Ghosn said.

The world's major carmakers are rethinking their strategies to profit from pivotal changes in the industry: autonomous cars, connected cars that share data, car-sharing where you don't own a vehicle but order one by app, and low-emissions vehicles demanded by the European Union to fight climate change and by China, where many cities are fighting rampant pollution.

Investing in electric vehicles has hurt profitability in the past, but Ghosn says that should change as they grow in scale. He said electric cars "are turning into a significant contributor to our performance while other automakers are just starting the journey."

Ghosn said Renault would retrain 13,000 people over the next five years to adapt to changing markets.

Renault is aiming to produce 2 million cars per year outside Europe compared with 750,000 cars in 2016, with a heavy push in Russia as its economy picks up.

Asked about challenges to Renault's activity in Iran amid the possibility that the U.S. could reintroduce sanctions, Ghosn said: "Obviously if it becomes impossible to deal with Iran we will put a plan together for the suspension of our business there, but that's not at all to say that we will leave Iran."

Renault was active in Iran before the West imposed sanctions over its nuclear program and was among the first major companies to relaunch its Iranian business when the sanctions were lifted after the 2015 accord to curb Iran's nuclear activities.

Ghosn insisted that Iran's market has major potential. "If we can't work there immediately, then we will work there in 1 year, 2 years, 3 years because I don't think that this is a situation that can last forever."

Prince William shared what he is looking forward to when little brother gets married

Published: Thursday, November 30, 2017 @ 7:48 AM

What Prince William Said He's Most Looking Forward To After Prince Harry Marries

Prince William is so, so happy Prince Harry will be staying out of his fridge once he marries Meghan Markle.

On Wednesday, William joked with reporters in Helsinki, Finland about his little brother’s upcoming spring wedding and the one hope he has for Harry after the “I do’s.”

“We are very excited and delighted for them both. And, we are wishing them all of the happiness at this exciting time,” William said. “And, for me, personally, I hope this means he stays out of my fridge. He’s often been found scrounging off of my food over the last few years.”

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William took a more serious tone when it came to his actual feelings about the upcoming royal wedding, “it’s a fantastic process to go through. The engagement and the build up to the wedding. They have a lot of happy times ahead of them. They are very caught up in the moment and I wish them all of the happiness and success in planning the wedding. I hope it goes very well.”

On Tuesday, Duchess Catherine shared her excitement during an event in London.

“William and I are absolutely thrilled,” the duchess said. “It’s such exciting news. It’s a really happy time for any couple, and we wish them all the best and hope they enjoy this happy moment.”

On Nov. 27, the couple announced they were engaged in a statement shared on Kensington Palace’s official social media pages.

His Royal Highness The Prince of Wales is delighted to announce the engagement of Prince Harry to Ms. Meghan Markle. The wedding will take place in Spring 2018. Further details about the wedding day will be announced in due course. His Royal Highness and Ms. Markle became engaged in London earlier this month. Prince Harry has informed Her Majesty, The Queen and other close members of his family. Prince Harry has also sought and received the blessing of Ms. Markle’s parents. The couple will live in Nottingham Cottage at Kensington Palace.

The couple are planning for a May 2018 wedding.

Must see: Dog interrupts tied soccer match

Published: Friday, December 08, 2017 @ 7:06 AM

A dog runs onto the pitch during the Europa League group L soccer match between Vardar and Rosenborg, at Philip II Arena in Skopje, Macedonia, Thursday Dec. 7, 2017. (AP Photo/Boris Grdanoski)
Boris Grdanoski/AP
A dog runs onto the pitch during the Europa League group L soccer match between Vardar and Rosenborg, at Philip II Arena in Skopje, Macedonia, Thursday Dec. 7, 2017. (AP Photo/Boris Grdanoski)(Boris Grdanoski/AP)

It’s not every day that a tied soccer game gets interrupted by a fan running on the pitch, especially when that fan is a four-footed furry one.

A husky appeared on the field during a match between teams from Macedonia and Norway, Business Insider reported.

>> Read more trending news

The game was tied 1-1 at the 73rd minute mark when the dog dropped in front of the Macedonian team’s goalkeeper to have its belly rubbed.

Vardar's goalkeeper Filip Gacevski, left, tries to catch a dog that entered the pitch during the Europa League group L soccer match between Vardar and Rosenborg, at Philip II Arena in Skopje, Macedonia, Thursday Dec. 7, 2017. (AP Photo/Boris Grdanoski)(Boris Grdanoski/AP)

The entire event was caught on video.

Eventually, security was able to herd the dog to the tunnel so the game could continue and the match ended in a 1-1 tie.

Vardar's goalkeeper Filip Gacevski, left, tries to catch a dog that entered the pitch during the Europa League group L soccer match between Vardar and Rosenborg, at Philip II Arena in Skopje, Macedonia, Thursday Dec. 7, 2017. (AP Photo/Boris Grdanoski)(Boris Grdanoski/AP)

Check this list of the 10 worst toys of 2017 before you finish holiday shopping

Published: Thursday, November 30, 2017 @ 5:23 PM

Consumer Group Releases List of Most Dangerous Toys

Christmas morning can be an exciting time for families. While parents want to see their children happy as they open presents, they also want to make sure they’re safe. 

»RELATED: Christmas 2017: Best Christmas gifts for kids in 2017

That’s easier to do thanks to the World Against Toys Causing Harm, an organization that monitors toy safety, because it has just released its annual “10 Worst Toys” list. 

To determine the results, researchers examined products with “poor design, manufacturing and marketing practices” that have the “potential to lead to serious injury and even death,” the site read. 

They also scouted “toys with inconsistent and inadequate warnings, cautions and age recommendations as well as other classic safety hazards that continue to re-appear year after year,” they said. 

The Hallmark “Itty Bittys” stacking toy was a part of the round-up. While it was recalled over the summer due to fabric pieces to could pose a choking hazard, it is still available online. 

The group also also highlighted Tolo Toys’ Pull Along Pony. It’s marketed for kids over age 1, but the chord is 19-inches-long. 

Nerf’s Zombie Strike Zone was the list, too. It’s pull back lever is dangerous, because it could cause injuries to the face and eyes. 

»RELATED: VIDEO: 11 gifts your kids will ask Santa for this season

Want to know what other toys were on the list? Take a look at the top 10 below.

1. Hallmark “Itty Bittys” Baby Stacking Toy

2. Tolo Toys Pull-Along Pony

3. Mattel Wonder Woman Battle Action Sword

4. Hand Fidgetz Spinners

5. Marvel Spider-Man Homecoming

6. Hasbro Nerf Zombie Strike Drone, Official Movie Edition

7. Slackers Slackline Classic Series Kit

8. Oval XYLOPHONE

9. Razor Jetts Heel Wheels

10. Melissa & Doug Mine to Love Brianna Babydoll

Related

WATCH: New Zealand police ask, 'Do you care enough to be a cop?' in hilarious viral video

Published: Tuesday, November 28, 2017 @ 2:04 AM

WATCH: Police Search For Recruits In Hilarious Video

Looking for a job? New Zealand police are hiring – and they're pulling out all the stops to attract new recruits in a hilarious viral video.

>> Watch the video here

"Freeze! NZ Police's most entertaining recruitment video, yet!" the police department's recruiting website says of the action movie-style video. "With over 70 real cops, the police band, police cats, helicopters and stunts, we're here to encourage a range of New Zealanders to join our team."

(And yes, you read that right: police cats.)

>> Need something to lift your spirits? Read more uplifting news 

The video, which has been viewed more than 300,000 times on YouTube since it was posted Saturday, touts the department's starting salary – $55,000 NZ, or about $38,000 US – and variety of jobs.

"You can choose from over 30 different careers, like underwater business or youth work or police commissioner stuff," officers say while diving, swimming, dancing and sitting behind a cluster of microphones.

>> Read more trending news 

Another officer running at full speed stops abruptly to help an elderly man slowly cross the street as a local internet celebrity, William "Waiirua" Cribb, entertains a stopped driver with some interesting dance moves.

"Do you care enough to be a cop?" one officer shouts through a bullhorn after coaxing a furry, four-legged thief into dropping a woman's purse. "Take the first step and visit newcops.co.nz."