RENAULT GROUP: Renault Group studies the creation of two specialized centers of excellence
12 Mai 2022 - 5:45PM
RENAULT GROUP: Renault Group studies the creation of two
specialized centers of excellence
PRESS RELEASE May 12, 2022 |
Renault Group studies the creation of
two specialized centers of
excellence
- An entity
dedicated to the development, production
and sales of electric
vehicles
- An entity
dedicated to the development and production of new generation
E-TECH ICE and hybrid engines and
transmissions
Boulogne-Billancourt, May 12, 2022 - As part of
its "Renaulution" plan, Renault Group announced on February 18,
2022, that it had launched a strategic review of its all-electric
and combustion engine activities and technologies in order to
enhance their efficiency and operational performance. The aim of
these strategic reflections is to adapt each technology, drawing on
the group's strengths and expertise on its various markets and
within the Alliance.
Renault Group has strong ambitions in EV, with
the objective for the Renault brand to be 100% EV for passenger
cars in Europe by 2030. In order to accelerate this transition and
support the fast-growing electric vehicle market, the group
is studying the creation of an Electric Vehicles and Software
entity in France. Renault Group has made the strategic
choice to base the production of the main components in the
electric mobility value chain in France, which illustrates its
determination to develop high-tech activities in high-potential
markets and to position itself as the leader in electric cars in
Europe.
The scope of the study includes electrical and
software activities and technologies across the entire value chain:
engineering (part of the Technocentre, Renault Software Lab, Lardy
and other sites under study in the Paris region), manufacturing
(Electricity, Cléon) as well as the support functions linked to
these activities.
The entity dedicated to the electric vehicle
could have more than 10,000 employees by 2023.
This autonomous entity would have a business
model adapted to the specificities of electric vehicles and would
be able to forge partnerships in new technologies and services.
At the same time, Renault Group is also
studying the possibility of combining its
ICE and hybrid engine and transmission
activities and technologies based outside France within a specific
entity. In view of the innovative capabilities and
significant improvements in emissions reduction of this type of
vehicle, Renault Group is convinced that thermal hybrid and plug-in
hybrid vehicles have significant long-term prospects and outlets in
Europe and on international markets, and that its technologies,
such as E-TECH, represent real growth levers. By bringing together
its activities and technologies related to thermal and hybrid
engines and transmissions, Renault Group aims to strengthen the
potential of its technologies but also to contribute to the
development of low-emission fuels, LPG, etc., and thus
create a world leader in Powertrain for the automotive
industry.
The scope of the study includes ICE and hybrid
engines and transmissions - excluding chassis - :
- Powertrain plants:
Motores (Spain), Seville (Spain), Cacia (Portugal), Bursa (Turkey),
Pitesti (Romania), Curitiba (Brazil), CorMecanica (Chile), PFA
(Argentina)
- Engineering and
R&D: RTS (Spain), RTR (Romania and Turkey), RTA (Brazil)
- Support functions
related to these activities
This entity would draw on the expertise of
around 10,000 employees - outside France - by 2023.
In order to create a global and competitive
world leader for the benefit of the Renault Group, its Alliance
partners and, potentially, other carmakers and customers, this
Powertrain entity would develop industrial and technological
partnerships at the cutting edge of the sector.
Consultations with employee representative
bodies on these studies are being carried out with all the
functions concerned at group level and in the countries involved,
and the development of these strategic reflections will continue
through social dialogue.
Renault Group is thus accelerating the
implementation of its "Renaulution" strategic plan and will present
the progress of these studies at a Capital Market Day in the fall
of 2022.
About Renault
Group
Renault Group is at the forefront of a mobility
that is reinventing itself. Strengthened by its alliance with
Nissan and Mitsubishi Motors, and its unique expertise in
electrification, Renault Group comprises 5 complementary brands -
Renault, Dacia, LADA, Alpine and Mobilize - offering sustainable
and innovative mobility solutions to its customers. Established in
more than 130 countries, the Group has sold 2.7 million vehicles in
2021. It employs nearly 160,000 people who embody its Purpose every
day, so that mobility brings people closer. Ready to pursue
challenges both on the road and in competition, Renault Group is
committed to an ambitious transformation that will generate value.
This is centred on the development of new technologies and
services, and a new range of even more competitive, balanced and
electrified vehicles. In line with environmental challenges, the
Group’s ambition is to achieve carbon neutrality in Europe by 2040.
https://www.renaultgroup.com/en/
RENAULT GROUP PRESS
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Frédéric
Texier+33 6 10 78 49 20frederic.texier@renault.com Astrid de
Latude+33 6 25 63 22 08astrid.de-latude@renault.com |
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GROUP INVESTORS
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