Renault's plan to become "Europe's leading manufacturer"

Renault's new strategic plan for 2030, FutuREady, is presented as a continuation of Renaulution, but with less emphasis and a greater focus on execution, as new CEO Francois Provo seeks to make the group a leading European manufacturer, abandoning several of Luca Demeo's most ambitious goals, Les Echos reports.

Building on a stronger and more profitable product range, Renault plans to launch 36 new models between 2026 and 2030, more than in the previous cycle, with the Renault brand leading the way with 12 launches in Europe and 14 internationally, especially in India and South America, while staying outside China and North America Renault aims to sell 2 million vehicles within five years, half of which outside Europe. Dacia will maintain its strategy, continue to advance in the compact family car segment and introduce the new Striker, but previous targets such as 15% operating margin and 1 million sales by 2030 have been cancelled. Alpine's ambitions have also diminished, and only the next model, the A110, has been clearly confirmed.

Electrification remains the focus of attention: by 2030, Renault will sell only electrified models in Europe and will develop a new 800 volt platform, which will be based mainly in France and provide 10-minute charging and mileage of up to 750 kilometers, with mileage extensions and software-defined vehicle capabilities. Cost reduction by reducing the number of parts, using robots and artificial intelligence is aimed at reducing production costs, although the margin targets are now more modest — from 5% to 7%.