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.’ ”


Renault's line-up of electric cars.

Korean company already supplying cells to eight other carmakers.

Electric car charging stations will be installed at E. Lecleric stores in France.

Some 500 stations will be installed by 2015.

Renault ZOE concept could be available by 2012.

Car would have fully-charged range of 100 km.


blog comments powered by Disqus