Renault Group has unveiled its new strategic plan, futuREady, aimed at sustaining growth and positioning the company as the benchmark European carmaker globally, with India identified as a key growth and production hub.
The strategy builds on the success of the earlier Renaulution plan and focuses on products, customer experience, technological innovation and operational excellence, while maintaining strong engagement with employees, suppliers, dealers and partners.
As part of the plan, Renault will launch 36 new models by 2030, including 22 in Europe (16 electric) and 14 in international markets. The company is targeting an operating margin of 5–7% of revenue and annual automotive free cash flow of at least €1.5 billion over the medium term.
CEO François Provost said the plan is designed to deliver sustainable performance in an increasingly competitive global market.
The strategy is built on four pillars — growth ready, tech ready, excellence ready and trust ready — with electrification, software, digital technologies and vehicle platforms driving future competitiveness.
India will play a central role in the group’s global strategy. The country will evolve into a major production and supply hub, manufacturing vehicles for both domestic and global markets, including models for partner Nissan Motor Co.
Renault will also accelerate development of next-generation electric vehicles, including C-segment EVs built on its RGEV Medium 2.0 platform, designed to deliver higher efficiency and improved range.
The company plans to expand its technology capabilities in areas such as intelligent cockpits, software-defined vehicles, advanced battery chemistries and electronic architecture, leveraging its global R&D network and strategic partnerships.
Overall, Renault expects to manufacture over 300,000 vehicles by 2030 for partners including Nissan Motor Co, Mitsubishi Motors, Volvo Group and Ford Motor Company across facilities in Asia, Europe and South America.