Can Europe's carmakers trade in their old business model without crushing jobs? As Renault talks of plant closures, François Picard's panel examines conditions for a €5 billion bailout from the state and whether what many consider an overdue reckoning for the industry will indeed accelerate the switch to electric vehicles. "Industrial sovereignty" becomes the buzzword as the planet turns from fossil fuels to batteries to power motors... batteries most often made nowadays in China.