Renault to be fully electric by 2030
Luca de Meo, CEO of the Groupe Renault, presented the group's new strategic plan, the "Renaulution," at the beginning of 2021. This strategy aims, on one hand, to no longer orient the company's performance based on market shares and sales but to focus on profitability, cash generation, and investment efficiency. As part of this plan, Luca de Meo explained at a media event at Renault's technology center near Paris:
“Renault will be 100 percent electric in Europe by 2030.”
The heart of the transition to electric mobility will be the industrial cluster of the Douai, Mauberge, and Ruitz plants - the ElectriCity. In Douai, the Megane E-Tech Electric and the Renault 5 Electric will be manufactured. At the beginning of December, the French company also announced that a future electric SUV as well as a vehicle currently in the planning phase will be manufactured in the northern French ElectriCity.
Backdoor for Dacia
According to de Meo, Dacia will be electrified "at the last possible moment." The "price-performance ratio" of the brand must be respected. The Renault CEO did not make any statements about other markets outside Europe. In the summer, de Meo announced ten new electric models by 2030, seven of them as Renault and three as Alpine. So far, Dacia only has the Spring as an electric vehicle in its lineup. De Meo did not yet reveal how the phasing out of combustion engines will affect the model policy and what the current e-planning of the Romanian subsidiary looks like.
Renault follows the example of other brands
At Stellantis, DS is set to become a purely electric brand as early as 2026. Alfa Romeo will follow in 2027, Opel in 2028. Peugeot will be fully electric by 2030, while Fiat has not yet announced an exact date. Ford also announced that it will stop selling combustion engines from 2030.
What does it mean?
The Renaulution is gaining momentum. It will be interesting to see how the electric reinterpretations of the former volume models Renault 5 and Renault 4 will be received.
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