Possible consequences of Renault’s reorganization
- The Renault Group, part of the Renault-Nissan Group (Renault, Nissan, Dacia, Mitsubishi, Alpine, Infiniti and Mobilize), announced on 8th November 2022 its reorganization into five business units: Ampère, Power, Alpine, Mobilize and The Future is Neutral.
- Ampère: will focus exclusively on electric vehicles (BEV) and software. The goal is to produce one million BEVs (cars + commercial vehicles) from 2031. This is ambitious, as Inovev's projections are for production of 800,000 BEVs in 2030. The focus is to be on the Hauts-de-France region. Google and Qualcomm are considered potential partners. Nissan's involvement in the project is currently under consideration. For commercial vehicles, the FlexEVan project has been launched as part of Ampère. A partner for the BEV-LUV project is not yet known. It is intended to enable data-based fleet management.
- Power: The core business of the Renault and Dacia brands in the field of combustion and hybrid engines as well as the development of hydrogen engines are to be combined under this name. In addition, a new supplier for up to 5 million engines (combustion engines, hybrid and plug-in hybrid engines) and transmissions is to be created. To this on top, Renault has set up Project Horse, a 50/50 joint venture with Chinese carmaker Geely, with 17 factories and 19,000 employees. It should later be able to act as an independent supplier. It will likely have to do so as both Renault and Geely reduce production of internal combustion and hybrid vehicles in the future and increase production of BEVs. Even without this reduction, Inovev predicts that the two carmakers together will not be able to achieve the targeted volume.
- A zero-emission brand with racing character is to be created under the Alpine brand name. Mobilize focuses on car sharing, mobility services and subscriptions and is a JV with China's Jiangling Motors. The Future is Neutral division aims to become a pioneer in the reuse of materials and recycling of batteries.
- Renault seems to be focusing on the issues and partners of the future and is rebuilding accordingly, setting very athletic goals.
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