Renault will have hybrid and “Eco” combustion models in its electrification process

The car group establishes 5 companies specializing in new value chains and forms alliances with Google and the Chinese Geely

Electric vehicles (EV), software, new mobility services, circular economy, as well as thermal and hybrid vehicles are part of the objectives of the Renault group and of
the third chapter of the Renaulution plan: the “Revolution”presented this Tuesday by general manager Luca de Meo.

A process that also includes continuing to research and develop combustion vehicles, hybrids and vehicles running on synthetic and biofuels. The Group strives
CO2 neutrality in Europe by 2040 and around the world by 2050, with an end-to-end approach. The Group has set interim targets to reduce its environmental footprint to mark its path, with specific action plans for each of its activities.

Thermal and hybrid vehicles will represent up to 50% of global passenger car sales by 2040. Therefore, they believe that the development of efficient technologies in this area is essential for the future of any global automaker. For this reason, Renault Group
focuses on the development of its main activitywith the launch of a completely new range of Renault vehicles with combustion engine and hybrid vehicles (passenger cars), Dacia and light commercial vehicles (LCV), and with the creation of a global supplier of technologies, with combustion engines and hybrids.

This combustion engine and hybrid technologies (Horse project) will be combined with 100% electric and electrified (hybrid) models, for which a partnership has been entered into with the Chinese Geely, with the aim of creating a world-leading supplier in the batteries.

Renault Group and the Chinese giant Geely they will be combined into one entity with a 50-50 split. This dedicated company will design, develop, manufacture and sell components and systems for electric and hybrid powertrains. This entity will generate a turnover of more than 15,000 million euros from day one with a volume of 5 million units per year.

The new company will operate in 17 factories, including the factories in Valladolid, to
deliver to 130 markets, as well as in five R+D+i centers, including those in the capital Valladolid, and others in Romania and Sweden. These centers employ 3,000 engineers and factories employ 19,000 workers on three continents.

This entity will offer a complete range of technologies in all components: engine, gearbox, hybridization system (xHEV) and batteries, at the highest level. Thanks to this project, the Renault group will double its size and market coverage, from 40% to 80% worldwide.

Despite the strong increase in the supply of electric vehicles, vehicles with combustion engines
will continue to grow, especially outside Europe. The Renault brand will continue to have a presence in the internal combustion engine and hybrid vehicle markets, especially in Latin America, India, South Korea and North Africa. Sales of Renault thermal and hybrid passenger cars, according to their estimates, will continue to grow by an average of 2% per year over the period 2022-2030.

To drive the market forward in all regions, Renault will continue its offensive in the C-segment, increasing net income by 20% between 2022 and 2030 and margin on variable costs by 30%.

According to Luca de Meo, having delivered one of the fastest recovery plans and preparing the company for growth, “We intend to position ourselves faster and better
stronger than the competition in the new car value chains: electric vehicle, software, new forms of mobility and circular economy«.

To this end, Renault is restructuring itself through
5 specialized companies in the new value chains. “This future business architecture will enable us to improve our financial results, focusing on profitability, free cash flow generation and return on capital employed at the best level. By structurally entering more profitable value chains, it will transform our mix of operations and create value. Driven by growing companies and money generators, our plan is ambitious, but also realistic in light of the current macroeconomic environment.”
Luca de Meo ., CEO of the Renault group.

Thus they create Ampere,
a division specialized in the pure electric and software vehicleborn from the evolution of traditional vehicle manufacturing.

Ampere will develop, manufacture and market 100% electric private vehicles, with advanced Software-Defined Vehicle (SDV) technology, under the Renault brand.

Based in France,
Ampere becomes a car manufacturer fully fledged with about 10,000 employees. As a technology company, Ampere will drive innovation with approximately 3,500 engineers, half of whom specialize in software.

Between now and 2030
Ampere’s range of 6 electric vehicles It will be positioned in the segments the group considers to be the most dynamic in Europe, covering 80% of the electric generalist car market: in the B segment with the new Renault 5 Electric and Renault 4 Electric, and in the C segment with the Megane E-Tech 100% Electric, Scénic Electric and 2 other new vehicles planned.

The second transformation is that of the Alpine brand in an exclusive division, zero emissions, with a DNA characterized by competition. it will be fully electric from 2026. Until then, Alpine will also present the next A110, and 2 new models:
a B-segment sedan and a C+ segment crossover. Alpine plans to launch two advanced technology vehicles in the D and E segments to support its international expansion. So half of Alpine’s growth will come from new markets outside of Europe, possibly including North America and China.

also consider
the evolution of Mobilizea division built around a leading financial company to address the emerging mobility, energy and data services market.

Neutral is also created, the first car company dedicated to the 360° circular economy, from the closed material cycle to battery recycling. This new entity offers closed recycling solutions at every stage of a vehicle’s life: supply of parts and raw materials, production, use and end-of-life.
“The future is neutral” It currently covers about 50% of the value chain and aims to reach more than 90% by 2030. This entity is called to become the European leader in the circular automotive economy on an industrial scale. It will serve the Renault Group and the entire sector. In order to accelerate its development and strengthen its leadership, “The Future Is Neutral” is opening up a minority of its capital to external investors with the aim of co-financing investments of approximately EUR 500 million by 2030.

Finally becomes Powerer
the heart of the Renault Group’s traditional activity. It will continue to develop low-emission internal combustion engine vehicles and hybrid vehicles under the Renault, Dacia and Renault LCV (light commercial vehicles) brands, each with its own organization and governance. Luca de Meo has also announced the creation of a leading global supplier of thermal and hybrid engine technologies (Project Horse).

According to brands, Dacia, currently the leader in the B segment, will launch intelligently in the C segment. After this year with Jogger,
Dacia Bigster embodies this movement in the C-segment and two more vehicles follow, doubling your accrued advantage. At the same time, Dacia will continue to reduce costs and benefit from doubling volumes on the global CMF-B platform, which will reach 2 million units (all brands combined) by 2030. Dacia will gradually electrify its range in Europe to be a pioneer in the implementation of accessible electrical solutions.

In terms of commercial vehicles, Renault will develop two projects, Hyvia and FlexEVan. The first of these is a joint venture between the Renault Group and Plug to tackle hydrogen mobility, aiming to offer solutions ranging from fuel cell vehicles to hydrogen charging. It aims for 30% of the market of
LCV (light commercial) vehicles of hydrogen in Europe by 2030 and a cumulative order book of 1,000 million euros in 2026.

As for FlexEVan, it is a family of electric commercial vehicles that will be launched from 2026. It is based on:
a specially designed electric platform. Through software solutions, it aims to become a fully connected warehouse extension, integrated into the customer’s digital ecosystem. “It will be the first vehicle to benefit from the application of the Renault Group’s Software-Defined Vehicle technology, which will notably enable end-to-end real-time monitoring of operations and data-driven fleet management,” explains Luca de meo out. .

In this case, those responsible for the Renault group have announced:
a new phase in the collaboration with Googlewith the signing of new contracts for: the design and implementation of the digital vehicle architecture defined by software “Software Defined Vehicle” and for the enhancement of the digitization of the Group.

Renault Group will delve into the use of Google Cloud technologies for software development,
for the “Software Defined Vehicle” and you can better manage data collection and analysis in a secure and confidential manner.

With these new agreements, the two partners will, on the one hand, develop a set of software components dedicated to the “Software Defined Vehicle” platform, both on board and in the vehicle itself, and, on the other, deepen synergies and use within the framework of the “Move to Cloud” strategy of the Group.

“Our partnership with the Renault Group has enabled us to develop comfort, safety and connectivity on the road. By combining our cloud expertise,
artificial intelligence (AI) and Android, Renault Group accelerates its digital transformation to provide a secure and highly personalized experience that responds to changing consumer expectations,” explains Luca de Meo, CEO of Renault Group.

This cloud technology collaboration, which started in 2018, is now accelerating to create a true digital twin with advanced
artificial intelligence technologies to facilitate the continuous integration of services in the vehicle and the creation of new on-board (In-Car Services) or off-board applications. Ultimately, it will transform your entire operating model to improve agility, performance and profitability.

Source: La Verdad

Ida

I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.