UPDATE 1-Renault shrugs off electric car setback


* Executive says setback doesn't challenge strategy * Company says Better Place investment extremely limited * German drivers more negative on electric - survey * Merkel reaffirms commitment to electric car target (Adds executive comment, background, German survey) By Gilles Guillaume PARIS, May 27 (Reuters) - French carmaker Renault said the collapse of a joint venture aimed at making electric cars more appealing ...


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