Employees fit parts to the body shells of Renault Twingo and Clio automobiles on the production line at the Renault Revoz d.d. plant, a unit of Renault SA, in Novo Mesto, Slovenia, on Wednesday, Nov. 16, 2022. Renault last week presented a radical overhaul plan to investors, proceeding with a complex split of Renault's electric-vehicle and combustion-engine businesses. Photographer: Oliver Bunic/Bloomberg

Employees fit parts to the body shells of Renault Twingo and Clio automobiles on the production line at the Renault Revoz d.d. plant, a unit of Renault SA, in Novo Mesto, Slovenia, on Wednesday, Nov. 16, 2022. Renault last week presented a radical overhaul plan to investors, proceeding with a complex split of Renault's electric-vehicle and combustion-engine businesses. Photographer: Oliver Bunic/Bloomberg

Employees fit parts to the body shells of Renault Twingo and Clio automobiles on the production line at the Renault Revoz d.d. plant, a unit of Renault SA, in Novo Mesto, Slovenia, on Wednesday, Nov. 16, 2022. Renault last week presented a radical overhaul plan to investors, proceeding with a complex split of Renault's electric-vehicle and combustion-engine businesses. Photographer: Oliver Bunic/Bloomberg

Employees fit parts to the body shells of Renault Twingo and Clio automobiles on the production line at the Renault Revoz d.d. plant, a unit of Renault SA, in Novo Mesto, Slovenia, on Wednesday, Nov. 16, 2022. Renault last week presented a radical overhaul plan to investors, proceeding with a complex split of Renault's electric-vehicle and combustion-engine businesses. Photographer: Oliver Bunic/Bloomberg

Employees fit parts to the body shells of Renault Twingo and Clio automobiles on the production line at the Renault Revoz d.d. plant, a unit of Renault SA, in Novo Mesto, Slovenia, on Wednesday, Nov. 16, 2022. Renault last week presented a radical overhaul plan to investors, proceeding with a complex split of Renault's electric-vehicle and combustion-engine businesses. Photographer: Oliver Bunic/Bloomberg

Employees fit parts to the body shells of Renault Twingo and Clio automobiles on the production line at the Renault Revoz d.d. plant, a unit of Renault SA, in Novo Mesto, Slovenia, on Wednesday, Nov. 16, 2022. Renault last week presented a radical overhaul plan to investors, proceeding with a complex split of Renault's electric-vehicle and combustion-engine businesses. Photographer: Oliver Bunic/Bloomberg

Employees fit parts to the body shells of Renault Twingo and Clio automobiles on the production line at the Renault Revoz d.d. plant, a unit of Renault SA, in Novo Mesto, Slovenia, on Wednesday, Nov. 16, 2022. Renault last week presented a radical overhaul plan to investors, proceeding with a complex split of Renault's electric-vehicle and combustion-engine businesses. Photographer: Oliver Bunic/Bloomberg

Employees fit parts to the body shells of Renault Twingo and Clio automobiles on the production line at the Renault Revoz d.d. plant, a unit of Renault SA, in Novo Mesto, Slovenia, on Wednesday, Nov. 16, 2022. Renault last week presented a radical overhaul plan to investors, proceeding with a complex split of Renault's electric-vehicle and combustion-engine businesses. Photographer: Oliver Bunic/Bloomberg