Renault, with “Revolution” the third phase of the “cura de Meo” takes off

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Electric vehicles, software, new mobility services and circular economy: according to Renault, this is the future of the automotive industry. Thus, after “Resurrection” and “Renovation”, the first two phases of the Renaulution strategic plan, presented in January 2021, the transalpine Group is launching “Revolution”, the third chapter of the Losanga industrial strategy. Which is done in five. In fact, with Revolution, 5 targeted businesses are born, equipped with specialized teams, each built on a homogeneous complex of technologies, with its own governance and a dedicated income statement.

The first is “Ampere”, which “will develop, produce and market 100% electric cars, equipped with cutting-edge Software-Defined Vehicle (SDV) technology, under the Renault brand. Ampere will be able to combine the best of two worlds: the know-how and advantages of the Renault Group with the focus and agility of a player 100% concentrated on electrics”. By 2030, the Ampere range, made up of 6 electric vehicles, will be ideally positioned in the best-selling segments in Europe, covering 80% of the generalist electric market: in segment B, with the new Renault 5 Electric and Renault 4 Electric and in segment C with Megane E-tech Electric, Scénic Electric and 2 other future vehicles.

Alpine follows, which aims to be an exclusive, zero-emission brand. The brand is developing a completely new range, which will support its growth and international ambitions and will be all-electric from 2026. Meanwhile, Alpine will also unveil the upcoming A110 and 2 new models: a B-segment sedan and a C+ segment. Then there’s Mobilize, which addresses the market for new mobility, energy and data services. The fourth pillar is “The Future Is NEUTRAL”, the first company in the automotive industry dedicated to the circular economy at 360°, from the closed cycle of materials to the recycling of batteries. The new entity currently covers around 50% of the value chain, targeting over 90% in 2030.

Finally, “Power”: will represent the traditional core business of Groupe Renault, which will continue to develop innovative low-emission internal combustion and hybrid vehicles – and which will still account for up to 50% of world passenger car sales in 2040 – with the Renault, Dacia ( targeting an operating margin of more than 10% and even 15% in 2030) and Renault LCV (light commercial vehicles), each with its own dedicated organization and governance. In addition, the Renault group joins forces with Geely: the two giants will create a company held 50-50. This dedicated business will design, develop, manufacture and sell electric and hybrid drivetrain components and systems. Furthermore, “the entity will develop its technological offer in the alternative fuels sector, thanks to the strategic collaboration with a potential partner coming from the energy sector”.

Groupe Renault has also entered into important partnerships with 2 major technology players, Google and Qualcomm Technologies, to develop revolutionary technologies to support the development of the Software-Defined Vehicle (SDV), which includes a Centralized Electronic Architecture and the Vehicle Operating System ( Dear S). Financial perspectives 2025-2030? Achieve an operating margin above 8% in 2025 and above 10% in 2030. It is above €2 billion per year on average in the period 2023-2025, and above €3 billion per year on average in the period 2026-2030.

“Today’s announcements are a further sign of the Groupe Renault team’s determination to prepare the company for the future challenges and opportunities generated by the transformation of our industrial sector,” said Luca de Meo, Groupe Renault CEO: “We intend to position ourselves faster and more strongly than the competition in the new automotive value chains: electric vehicles, software, new mobility and circular economy. We assign dedicated teams to each of the automotive and mobility value chains. We design an agile and innovative organization to manage the volatility and accelerated technological evolution of our times. Offering up to 10% of the capital to employees will help foster a new common culture oriented towards value creation. We also believe in collaboration when it comes to investing, creating and developing new businesses and technologies. The partners who participate in our various projects, leaders in their respective fields, demonstrate the quality of our initiatives. All this outlines one of the most modern organizational projects of recent years in our sector, a revolution of its kind”.

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