Renault: EV & Software Company "Ampere" Promotes SDVs
Focus on 5 business areas; New developments for Renault-Nissan-Mitsubishi Alliance (2)
2023/03/23
- Summary
- Renault: Next-generation car company to focus on five business areas
- Ampere: Introducing 6 EV models by 2030 and promoting SDV development
- Power: New powertrain company for ICE and hybrid vehicles
- Alpine: Significantly expanding its lineup to full EVs from 2026
- Mobilize: Expects to triple revenue with VaaS compared to traditional sales
- The Future Is NEUTRAL: Aiming for a "Circular economy as a business"
- Renault's performance: Operating income recovers to 5.6% in 2022, aiming for 6% or more in 2023
- Three alliance companies: Future roadmap and five dedicated EV platforms announced
- LMC Automotive’s Production Forecast: Renault-Nissan-Mitsubishi Alliance’ production in 2026 will be 7.97 million units
Summary
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| Renault Megane E-TECH Electric launched in mid-2022 |
In November 2022, Renault announced the completion of Phase 1 "Resurrection" and Phase 2 "Renovation" of its ongoing five-year "Renaulution" plan and the start of Phase 3 "Revolution".
Renault aims to become a next-generation automotive company focused on the five business areas listed below. Of these, Renault Sport Cars was officially renamed as Alpine Cars (Alpine) and turned into the main development hub for Alpine as well as all Renault group sports cars, while in the other four fields, new companies will be established.
- Power: New powertrain company. It is taking over Renault's "Horse Project" to develop internal combustion engine (ICE) and hybrid vehicle technology.
- Ampere: World's first EV & Software company to develop software-defined vehicles (SDV) in partnership with Qualcomm Inc. and Google LLC.
- Alpine: Aiming to become a full-fledged luxury sports car brand.
- Mobilize: Entering new mobility and energy fields with a focus on financing.
- The Future Is NEUTRAL: Aiming to realize a circular economy in the automotive industry.
In January 2022, the Renault-Nissan-Mitsubishi Motors Alliance announced their roadmap for the Alliance. The main policies are as follows:
- Focusing on EVs and connected mobility towards 2030.
- Investing EUR 23 billion over the next five years to accelerate electrification.
- Introducing 35 new EV models based on five EV-specific common platforms by 2030.
The content of their roadmap is connected to Renault's new strategy to become a Next Gen automotive company as well as new initiatives of the three alliance companies announced in February 2023.
This Part 2 of the two-part series on new developments in the Renault-Nissan-Mitsubishi Alliance reports on Renault's plans, including the new EV & Software company “Ampere”. The first report (Part 1) covers the new development efforts of Nissan and Mitsubishi.
Related Reports:
Nissan: Agreement with Renault on 15% mutual investment (Mar. 2023)
Paris Motor Show 2022: HMI Report (Part 2) (Dec. 2022)
IAA Transportation 2022 (2) Global CV manufacturer exhibitions (Oct. 2022)
Vienna Motor Symposium 2022 (1) Transformation towards carbon neutral mobility (Jun. 2022)
Renault-Nissan-Mitsubishi Alliance: Mid-term Plan Progress, Accelerating Electrification (Part 2) (Jan. 2022)
Renault-Nissan-Mitsubishi Alliance: Mid-term Plan Progress, Accelerating Electrification (Part 1) (Dec. 2021)
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