Renault makes its revolution by creating 5 subsidiaries, including Ampere

To prepare for the future, the Renault group is splitting its activities into five entities, including the Ampere specialist, with the thermal division shared with the Chinese Geely.

“Renault has come out faster than expected”, declares Luca de Meo, CEO of the Renault group, “we have already reached our profitability threshold aimed for 2025”. Building on this momentum, he presents the third stage of the Renaulution plan. After resurrection and renewal, the CEO of the Diamond Brand applies what he calls a “Revolution”.

What are Renault’s new “brands”?

Luca de Meo reaffirms the rapid transformation of the Renault group’s lineup, which will offer “25 new models between 2022 and 2025”. Half of these will be electric, and 50% will fall into segment C (the compact segment like Megane).

But more importantly, the manufacturer is breaking its activities into 5 subsidiaries, each with its own objective. The group CEO compared this to an athlete attempting to set records in five categories, hence the need to “specialize” by separating into five entities to excel in each discipline. Here are Renault Group’s new subsidiaries:

• Ampere : activities in electric and software (which will go public)
• Alpine : sports and electric brand
• Mobilize : new mobility, charging, services
• The Future is Neutral : circular economy, recycling
• Power : internal combustion and hybrid engines

5 new Alpine electric cars

Currently, Alpine survives with just one model: the A110 coupe. This sports car will be the last thermal model, as Alpine announces a lineup expansion. It will not be three models, as announced in 2021, but five 100% electric vehicles that will make up the range.

The first Alpine electric will be the sporty version of the R5, arriving in 2024. Next will be a compact crossover, probably similar to the Megane E-Tech, in 2025, followed by the electric replacement for the A110 in 2026. The two new models will be family SUVs, promised for 2027 and 2028.

A new “Project Horse” supplier with Geely

“Power” will have a somewhat separate life, as it will not belong entirely to Renault. The French manufacturer is creating a new automotive supplier called “Project Horse,” which it shares 50% with Geely. The Chinese group continues to grow stronger, already owning Volvo, Polestar, Lotus, Proton (which created the brands Lynk & Co and Zeekr), as well as investing in Aston Martin.

Projected sales for Project Horse are around €15 billion, with 5 million engines delivered to various clients. Besides Renault and Dacia, they will include Nissan, Geely, Mitsubishi, Volvo, and Proton. Luca de Meo also mentioned the development of “alternative fuels,” without giving specifics. Could these be synthetic fuels like Porsche proposes, or hydrogen combustion engines like the concept Alpine?

New FlexEVan electric utility vehicles in 2026

The manufacturer is also focusing on its commercial vehicles by unveiling a new generation of “FlexEVan” models. This modular platform will replace current Kangoo, Master, or Trafic models. The company’s CEO describes these new models as “size of a Kangoo, capacity of a Trafic, and turning radius of a Clio”. Deliveries are planned for 2026.

Where do Renault and Dacia brands fit in all this?

If you don’t see your favorite brand’s name among these five entities, don’t panic; they won’t disappear. These five are fully separate financial activities, but Renault and Dacia will continue to be established brands selling electric, hybrid, and thermal cars in the coming years.

We will soon see the release of the Dacia Jogger hybrid, next year. Then the Renault Clio E-tech hybrid with a facelift in 2024, or even the upcoming Renault 4 electric in 2025.

Renault Group is also pursuing its Alliance with Nissan and Mitsubishi, but no announcements are expected for a few weeks. Many projects are underway, such as the CMF-EV electric platform (e.g., Megane, Nissan Ariya) or the upcoming Nissan Micra, a cousin of the future electric R5.

Also read: Refactory, Renault’s future industrial garage