Renault to Acquire 25% Stake in Jedlix

By Anthony Shevlin Features Dow Jones Newswires

Renault SA (RNO.FR) said Tuesday that it is to acquire a 25% share in Eneco (ENECO.YY) subsidiary Jedlix, which specializes in smart, sustainable charging of electric vehicles.

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The French car maker previously forged a partnership with Jedlix in 2015 that saw the Dutch company develop a smartphone application for Zoe, Renault's fully electric compact car.

Renault says it will collaborate with Jedlix on the production of a new smartphone app named Z.E. Smart Charge that will "optimize the management of vehicle charges."

Write to Anthony Shevlin at anthony.shevlin@dowjones.com

(END) Dow Jones Newswires

October 10, 2017 04:37 ET (08:37 GMT)