Photo: Renault
Following the Alliance 2022 business plan released by Renault-Nissan-Mitsubishi in September, October sees Renault offer more details on its part of the deal. And by 2022, the French automaker will bring forth no less than 8 EV models and 12 electrified vehicles. What’s more, Groupe Renault wants to become the world’s foremost electric van maker on a worldwide scale.
After acquiring Mitsubishi, the alliance started by Renault and Nissan went on to become the world’s biggest automaker, dethroning the Volkswagen Group from the top step of the podium. In regard to electrification, the French part of the alliance plans to add a subcompact-sized crossover to the assembly line of the Valladolid plant in Spain in 2019. Considering the Captur and Twizy are built there, word has it the B-SUV will make use of an electric powertrain.
The bottom line is, half of Renault-branded vehicles will be electrified of hybridized by 2022. In addition to the eco-friendly onslaught, the manufacturer is investing in robo-vehicles. Self-driving technology is the byword of today’s automotive industry, and Nissan’s know-how in this regard will prove useful.
"Groupe Renault is now a healthy, profitable, global company looking confidently ahead. Drive the Future is about delivering strong, sustainable growth benefiting from investments in key regions and products, leveraging Alliance resources and technologies, and increasing our cost competitiveness,” declared Renault Groupe’s chairman and chief executive officer Carlos Ghosn.
From a financial standpoint, Renault will save billions of euros by moving 80 percent of its vehicles on platforms shared with Nissan and Mitsubishi. In total, the company will introduce 21 new vehicles, including 3 add-ons, by the year 2022. By the end of the six-year plan, Groupe Renault expects to deliver revenues of more than 70 billion euros, achieving a group operating margin of more than 7 percent.
It will be interesting to see how Mitsubishi will evolve, with the Pajero rumored to share its platform with the Nissan Patrol for the next generation.
The bottom line is, half of Renault-branded vehicles will be electrified of hybridized by 2022. In addition to the eco-friendly onslaught, the manufacturer is investing in robo-vehicles. Self-driving technology is the byword of today’s automotive industry, and Nissan’s know-how in this regard will prove useful.
"Groupe Renault is now a healthy, profitable, global company looking confidently ahead. Drive the Future is about delivering strong, sustainable growth benefiting from investments in key regions and products, leveraging Alliance resources and technologies, and increasing our cost competitiveness,” declared Renault Groupe’s chairman and chief executive officer Carlos Ghosn.
From a financial standpoint, Renault will save billions of euros by moving 80 percent of its vehicles on platforms shared with Nissan and Mitsubishi. In total, the company will introduce 21 new vehicles, including 3 add-ons, by the year 2022. By the end of the six-year plan, Groupe Renault expects to deliver revenues of more than 70 billion euros, achieving a group operating margin of more than 7 percent.
It will be interesting to see how Mitsubishi will evolve, with the Pajero rumored to share its platform with the Nissan Patrol for the next generation.
Watch our video summary of our #DriveTheFuture strategic plan.
— Groupe Renault (@Groupe_Renault) October 6, 2017
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