Renault targets 23% jump in sale volumes by 2030 from overseas push

Chery Automobile Co

10/03/2026 06:00

March 10 (Reuters) - Renault SA RENA.PA:

ANNOUNCES "FUTUREADY" 2030 STRATEGIC PLAN

MID-TERM TARGET OF OPERATING MARGIN GROWTH OF 5-7% OF REVENUE

MID TERM TARGET OF AVERAGE CASH FLOW FOR AUTOMOTIVE OF AT LEAST EUR 1.5 BILLION A YEAR

TO LAUNCH 36 NEW MODELS BY 2030, SPEEDING ELECTRIFICATION, INTERNATIONAL RANGE

TARGETS 100% ELECTRIFIED SALES IN EUROPE, 50% OUTSIDE EUROPE BY 2030

AIMS TO SELL OVER 2 MILLION VEHICLES A YEAR BY 2030, HALF OUTSIDE EUROPE

AIMS TO REDUCE VARIABLE COSTS (COGS) PER VEHICLE BY AROUND EUR 400 PER YEAR ON AVERAGE, INITIAL OUTLAY BY MAX 40% BY 2030

TO CUT THE COST OF EV'S BY 40% BY 2030

AIMS TO REDUCE LOGISTICS COSTS BY 30% BY 2030

TO REACH 80% CUSTOMER LOYALTY BY 2030

USING AI ON ALL KEY MANUFACTURING STAGES, COMPANY TO HALVE INCIDENTS IN YEAR ONE, CUT CUSTOMER COMPLAINTS THREEFOLD IN FIVE YEARS

AIMS TO BE THE FIRST EUROPEAN MANUFACTURER TO LAUNCH SOFTWARE DEFINED VEHICLE (SDV) IN EUROPE IN 2026

WILL BUILD OVER 300,000 VEHICLES FOR  GEELY, NISSAN, MITSUBISHI MOTORS, VOLVO TRUCKS AND FORD MOTORS BY 2030 IN EUROPE, ASIA AND  SOUTH AMERICA

Further company coverage: RENA.PA

 (Gdansk Newsroom)

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