RENAULT FACES A SERIOUS THREAT

French car manufacturer “RENAULT” has said that alleged industrial intelligence against its business poses a serious risk to its "strategic assets".

Renault has already suspended three senior managers before 1 day carrying out an inquiry into the possible seeping out of electric vehicle clandestine.

French Industry Minister Eric Besson said in a statement, the country was facing of "financial battle." Mr Besson added the circumstance at Renault "shows severe".

He told France's RTL radio station "The appearance 'economic war', while sometimes offensive, for once is suitable,"

"It appears to fear the electric car, but I do not want to go more."

He said he was calling for French companies which obtained public resources to develop their security.

One of the three suspended senior Renault managers is a member of the car manufacturer’s management committee. It has been given the chance to all the three members to respond against their charges, before the carmaker's H.R. department made a decision on any sanctions. Renault's investigation into accused industrial espionage followed an "ethics alert" sent to its compliance committee.

Furthermore its partner Nissan has spent huge amount in electric vehicle technology. It has been made a plan for launching of new electric vehicles over the next two years.

They dispute that wholesome electric vehicles are the finest durable solution to reducing carbon discharges from the cars.

This is in difference to the competitors such as General Motors and Toyota, the world's two largest manufacturers, which are as a replacement of investing huge in mixture vehicles, which use both an electric and a petrol engine.