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Renault

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Founded
1 October 1898 (Unofficial) – 25 February 1899 (Official)
Founders
Louis RenaultMarcel RenaultFernand Renault
Headquarters
Boulogne-BillancourtFrance
Subsidiaries
Oyak-RenaultRenault-Nissan-MitsubishiDacia
Owner
Renault Brothers
Website
https://www.renaultgroup.com/

Renault, founded in 1899 in France, has long operated in the European automotive sector with a focus on urban mobility, compact car production, and engineering based on simple design principles. Currently, the company emphasizes electric and hybrid vehicles and develops software-based mobility solutions under the Ampere brand.


Renault Logo (Renault Official Website)

Historical Development

Throughout the 20th century, Renault was a leading car manufacturer in France. In 1999, it formed the strategic Renault–Nissan–Mitsubishi Alliance with Nissan and Mitsubishi, enabling global expansion. After 2021, under the “Renaulution” strategic plan, the brand focused on electric transformation, carbon-neutral production, software development, and profitability. By 2023, Renault had established a distinct structure with electric and software-focused subsidiaries (Ampere, Horse, Mobilize).

Product Range

Passenger and Family Models

Clio, Megane, Koleos, Austral

SUV and Crossover Models

Captur, Arkana, Kadjar

Electric and Hybrid Models

Megane E-Tech (BEV)

Scenic E-Tech (BEV)

Renault 5 E-Tech, Renault 4 E-Tech (AmpR Small platform city EVs)

Rafale (hybrid coupe-SUV)

Light Commercial and Electric Commercial Vehicles

Kangoo, Trafic, Master (ICE/PHEV/BEV variants)

Electric Vehicle Technology

Renault, through the Ampere brand, operates an independent production and engineering center for BEV infrastructure. The AmpR Small and Medium platforms underpin models such as Renault 5 E‑Tech, Megane E‑Tech, and Scenic E‑Tech. Renault is increasing R&D investment in solid-state batteries, thermal management systems, and software-defined vehicle (SDV) solutions to reduce battery costs and improve software integration. The company targets one million electric vehicle units by 2031.

Global Production Network and Financial Performance

Renault sold 1,577,351 vehicles in 2024. Production occurs in France, Spain, Turkey (Oyak Renault), Romania (Dacia), China, and other countries.

In 2024:

Group revenue: €56.2 billion

Operating profit: €4.3 billion

Net cash position: €7.1 billion

European EV sales growth: 9%

Hybrid sales growth: 30%

Renault also continues growth in markets outside Europe.

Market Performance and International Expansion

In 2024, Renault increased global sales by 1.8%, achieving a 6.7% market share in Europe. Electrification rates rose, with competitive pricing and performance in B-segment EVs such as the Renault 5. In Spain, an agreement with Iberdrola provided EV users with 30,000 km of free charging. In Turkey and Latin America, Renault expanded with mid-segment EV and hybrid models.

Strategic Goals and Future Vision

Renaulution Plan (2021–2025):

24 new model launches, at least 10 of which will be electric

Carbon-neutral production in Europe by 2030

Separation of internal combustion and hybrid production (Horse) from full electric production (Ampere)

SDV infrastructure to be integrated into Renault models from 2026

Eight new models in Asia, Turkey, and Latin America by 2027, one-third EV/PHEV

Global carbon neutrality target by 2050

Bibliographies

Renault Group. 2024 Results: Solid Growth, Record Operating Profit and Net Cash. https://media.renaultgroup.com/?p=245189 (Accessed 16 August 2025)

Renault Group. Renaulution: A Four‑Year Plan to Transform Our Group. https://www.renaultgroup.com/en/group/our-strategy/ (Accessed 16 August 2025)

Renault Group. Renault Group Places Its Environmental and Societal Strategy at the Heart of Performance. https://media.renaultgroup.com/renault-group-places-its-environmental-and-societal-strategy-at-the-heart-of-performance/ (Accessed 16 August 2025)

Renault Group. Carbon Neutrality. https://www.renaultgroup.com/en/popin/carbon-neutrality/ (Accessed 16 August 2025)

Renault History. Renault Official Website. https://www.renault.com.eg/AboutRenault/Renault-history.html (Accessed 16 August 2025)

Renault. Renault vehicle models: https://www.renault.com.tr/modeller.html (Accessed 16 August 2025)

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Main AuthorMustafa Yiğit TürkmenAugust 16, 2025 at 11:10 AM
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