21 new Group Renault models to be launched before 2022

CEO Carlos Ghosn has outlined the group’s product plans in its new Drive the Future strategy

Renault will launch 21 new models by 2022, CEO Carlos Ghosn has announced, as part of the company’s Drive the Future plan, outlining its operations between today and 2022.

Of these, 8 will be full electric and 12 will be electrified, as the world wakes up to electric motoring, and petrol and diesel’s dominance fades. Renault is also diminishing diesel’s prominence in its lineup; reducing diesel offerings by 50% by 2022, and reducing Renault diesel engines down to one family, from the three currently offered.

Also among this 21 cars, 15 will have a level of autonomy ranging between level two and four, with B-segment Renault group cars gaining level two autonomy by 2019. 

These will be launched on a bespoke EV platform, shared across the entire Renault-Nissan-Mitsubishi alliance. The shared architecture will span B to D-segment electric vehicles, and electric vehicles will showcase the group’s autonomous technologies more prominently than fossil-fuelled cars. An all-electric, C-segment SUV, first launched in China as one of the first EVs in this new generation, will then spread to other markets.

Across the Drive the Future plan, £16.1billion (€18billion) is being spent on research and development, as the group looks to grow further, and increase its new position as the world’s largest producer of cars. 

By the end of the plan, Renault targets global sales of over 5 million units; up from almost 3.5million in 2016. The Renault brand will grow to produce 500,000 cars annually by the end of the plan. 

This will be achieved through doubling its market coverage, as well as capitalising on growing markets like Brazil, India and Iran, increasing operations in China with partner manufacturer Brilliance, as well as strengthening its hold on Russia with the Lada brand. 

The Renault brand will also increase its prices across the six-year plan, according to executive vice president of sales and marketing, Thierry Koskas, as it sets out to further distance itself from mainstream market rivals such as Ford, Hyundai and Skoda

Renault will also join the ranks of carmakers with retail spaces different to traditional dealerships; 800 spaces are to be launched across the plan which are ‘closer to customer flow’, for example in shopping malls. 

Read more: 

Renault-Nissan-Mitsubishi to invest £8.9bn in electric and autonomous cars

Renault-Nissan overtakes Volkswagen Group on 2017 first-half global deliveries

Renault-Nissan readies mass-market autonomous cars by 2020

Source: Autocar Online

Leave a Reply

Your email address will not be published. Required fields are marked *

twenty − 11 =