Renault focuses strategy on SDVs, China-like speed to market [Yahoo! Finance]
RENAULT SA UNSP/ADR (RNLSY)
NASDAQ:AMEX Investor Relations:
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Source: Yahoo! Finance
This story was originally published on WardsAuto . To receive daily news and insights, subscribe to our free daily WardsAuto newsletter Renault Group announced its first new business strategy in five years, pledging to match China's two-year vehicle production cycle and to launch a software-defined-vehicle (SDV) platform for C-segment electric vehicles. In its March 10 release , the French auto group unveiled its ‘futuREady' business plan aimed at preparing the company for the future built on what it terms intelligent technologies in both cockpit and chassis, new battery chemistries, in-wheel motors, power electronics, software and electronic architecture. In fact, the automaker claimed it will be the first manufacturer to launch a genuine SDV in Europe as early as later this year. The strategy replaces the “Renaulution” plan launched in 2021 that is credited with turning a loss-making company into an automotive powerhouse in Europe under the governance of former CEO Luca de
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