Renault Fires Executives Accused of Selling Electric Car Secrets

Three men were top officials in company’s electric car program.

Published: 17-Jan-2011

PARIS — Renault has formally fired two of the men it has accused of espionage, their lawyers said Saturday.

The two men — Michel Balthazard, formerly a member of the Renault management committee and a top official of the company’s electric car program, and his subordinate Bertrand Rochette — both received termination notices Saturday, the lawyers said.

Mr. Balthazard’s lawyer, Xavier Thouvenin, said, “The letter basically says: ‘You received a substantial sum of money from a foreign source, leading us to the conviction that you have given what is probably strategic information in exchange.’ ”

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