![]() They say that purely electric vehicles are the best long-term solution to reducing carbon emissions from cars.īy contrast, their rivals General Motors and Toyota, the world's largest car manufacturers, are instead investing in so-called hybrid vehicles, which use a combined electric and petrol engine. The technology behind the vehicles is especially prized Both Renault and Nissan plan to launch a number of new electric vehicles over the next two years. The two companies have spent 4 billion euros ($5.3 billion) on their flagship program. Renault, along with its Japanese alliance partner Nissan, has invested heavily in electric vehicle technology. Peter Schweizer does not include a definition of economic espionage, or. Renault said in a statement that the behavior of the suspended employees "consciously and deliberately put company assets at risk." include tracking suspected foreign intelligence operatives, passing on deceptive. Benicoff also explained to me about the violent industrial espionage that has been involved. She was also a traitor, or at least was involved in industrial espionage. Renault sees the future in purely electric vehicles Image: Leipziger Messe GmbH / Jens Schlüter Replace the espionage gear that you three intended to plant in Alberts gray, inserting a bomb instead, changing the goal from industrial espionage to sabotage. The three are suspected to have breached Renault's code of ethics. Industrial espionage is the selling of trade secrets, intellectual property, or other classified information to competitors. The alarm was raised by an "ethics alert" sent to the company's compliance committee. One of the most devastating types of policy violation is industrial espionage, which is also a criminal act. The three executives were suspended on Monday following an internal investigation which began last August. Renault said that the matter concerned people with "particularly strategic" positions within the company. "The expression 'economic warfare,' while sometimes extreme, is for once appropriate, and this is something we should monitor in future." It involves stealing intellectual property and trade secrets to use. He said the incident amounted to "economic warfare." The case demonstrated "the risks our companies face from industrial espionage and corporate intelligence," he added. The term industrial espionage refers to the illegal and unethical theft of business trade secrets for use by a competitor to achieve a competitive advantage. Industrial espionage embraces illegal and unethical methods of collecting corporate data. "It illustrates once again the risks our companies face in terms of industrial espionage and economic intelligence," Besson said.īesson added that French industry as a whole was at risk. The company is apparently worried that its flagship electric vehicle program may have been compromised.įrench Industry Minister Eric Besson told France's RTL radio on Thursday that the matter "seems serious." French car manufacturer Renault suspended three executives at the beginning of the week over "serious" ethical lapses, as part of an investigation into suspected industrial espionage.
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