Renault’s Bold Strategy for the Next 5 Years: Matching Chinese Technology While Avoiding Growth in China

Renault has unveiled its futuREady strategy, planning to launch 36 new cars by 2030 focusing on markets like Europe, India, and Latin America while steering clear of China. However, the technology will be aligned with China, with ACDC R&D center and partnership with Geely aiming for a two-year development cycle, a 40% cost reduction, 800V SDV architecture, and more. Renault’s new CEO, Furlan, is reshaping the company’s strategic vision. The futuREady strategy aims to respond to the evolving automotive landscape characterized by electric and software innovations. China’s growth in the industry, Tesla-like software logic, and global supply chain rearrangement pose…