<div style="page-break-before:always; page-break-after:always">At the launch of the M&eacute;gane E-Tech Electric (driven, p20), CEO Luca de Meo told Autocar: &ldquo;Lithium ion batteries are here to stay. It&rsquo;s not a disruptive technology, it&rsquo;s a progressive technology, and there&rsquo;s so much production cost invested in it already.&ldquo;Of course, if you can use solid-state batteries in a Formula 1 car or a rocket, then great; but from a business point of view, I think lithium ion tech will continue for a long time.&rdquo;Gilles Le Borgne, the executive vicepresident of engineering at Renault, elaborated: &ldquo;We&rsquo;re still aiming for parity of cost between EV and ICE cars by 2025. To achieve it takes a holistic view. You have a kind of mother car &ndash; a car with a high parts carry-over, such as the windscreen wipers, the windscreen, the front pillars etc. Then there&rsquo;s the benefit of using the existing CMF platform, which is engineered at high volume and low cost. High-efficiency engineering, low diversity and parts-sharing is such an efficient way to manufacture.&rdquo;

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is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.

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{{magzter}} is the World's largest and fastest growing self-service, cross-platform digital newsstand with over 87 million users since its inception in 2011 and thousands of magazines and newspapers across 40+ categories and 60+ languages. Headquartered in New York, Magzter has its local presence in Amsterdam, London, Mexico City, Chennai, Mumbai, New Delhi, Bengaluru, Singapore, and will soon be expanding to other countries. Founded by global entrepreneurs, Girish Ramdas and Vijay Radhakrishnan in June 2011, Magzter enables magazine and newspaper publishers around the world to create and deliver digital editions of their titles to global consumers.