One year after the announcement of “Renaulution”, the French group is making a first progress report on its restructuring plan. Ahead of its main indicators, the French brand is raising its ambitions for the electrification of its vehicles.
The French group has formalized a target of 100% electric cars for Renault by 2030.
100% electric cars within 8 years
Renault does not want to lose its place at the forefront of electric innovation, especially since the sale of thermal cars will be completely banned in France by 2040. A deadline that could be brought forward by five years according to the wishes of the Commission European. The diamond brand is therefore ready to take the turn and now announces that it is aiming for the sale in Europe of 100% of electric cars by 2030, against 90% previously. A new objective announced by Luca de Meo, general manager of the group during a press conference on January 13, 2022 at the Technocentre in Guyancourt (Yvelines).
A place far from trivial since it is here that the “Renaulution” materializes, the accelerated transformation of the old control room in order to make the group a more electric and more profitable manufacturer. If we believe the figures provided by Renault a year after the launch of the project, the acceleration is clear. The company is ahead of its main indicators and has already achieved its target of a 2 billion euro cost reduction scheduled for 2023. “ Renault has done, in one year, what before, the group would have done in four “, explained the boss of the manufacturer.
Slower electrification for Dacia
Concrete consequence, Renault wants to put a boost on the electric. ” We imagine a Renault brand that plays with newcomers to this market, in Europe “said the general manager. It also puts a little pressure on the public authorities: Renault will only be able to manufacture 100% electric vehicles if customers are ready to buy them. In other words, there must be sufficient charging station infrastructure. Renault nevertheless claims to have a plan B in the event of insufficient demand and could continue to produce a few hybrid vehicles.
Electrification is also progressing for the group’s other brands, Dacia, Alpine and Lada in Russia, but at a more moderate pace. ” The electrification of Dacia will be consistent with a positioning that requires us not to increase prices explains Luca de Meo. As a result, the E-Tech hybrid technology that currently equips Renault could in the future be transferred to a low-cost brand.
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Source: Automotive-Clean
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