Renault’s Re-Industry plan: 30 to 50% less production costs

Tony Verhelle

December 7, 2023

Thanks to a huge reduction in costs, Renault aims to offer affordable new vehicles for the future, like this Twingo EV for less than €20 000 /Renault

Renault Group is launching a plan to transform its industrial base fundamentally. Between now and 2027, it is seeking to cut production costs per vehicle by 30% for internal combustion vehicles (ICE) and 50% for electric vehicles (BEV). Renault Group’s Industrial Metaverse will play a vital role
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