Renault launching plans to transform its industrial base

London, 07 December 2023, (Oilandgaspress): – Renault Group has announced the launch of a plan for the in-depth transformation of its industrial base. This plan is part of the Revolution phase of Renaulution, the strategic plan to make Renault Group a next-generation automotive manufacturer. The aim is to reduce production costs per vehicle by 30% for internal combustion vehicles and 50% for electric vehicles by 2027. The plan will also contribute to cutting vehicle development times from three to two years. In this way, the Group is moving into high gear and setting ambitious targets.

“Re-Industry is a 360° transformation plan. The aim is to build on our strengths and to gather speed in what we already do well, to reinvent our entire industrial base and attain the highest standards in excellence. This industrial transformation will make our base more agile, more virtuous and more competitive, while also enabling us to respond more quickly to customer expectations.” Thierry Charvet, Chief Industry & Quality Officer, Renault Group

A PLAN TO REINVENT VEHICLE PRODUCTION
The automotive industry is currently at a turning point in its history, and Renault Group is well placed to meet the challenge. The Group has made huge progress in its quality results, with a threefold increase in the reliability of our vehicles in two years, putting them among the very best. Its industrial sites regularly top the rankings in the Harbour Report™, an independent authoritative study of the global automotive industry comparing the productivity of industrial sites. Renault Group is one of the top three global manufacturers for energy performance and industrial CO2 emissions. Renault Group was also the first manufacturer to set up an Industrial Metaverse, and it is determined to stay one step ahead by further accelerating the digitalisation of its industrial base and building the skills of its workforce. Building on these strengths, the Re-Industry plan aims to boost all the traditional areas of industrial performance while reinventing production through the development of innovative processes. In this way, for example, the Group is targeting a production time of nine hours for the future Renault 5.

FOR A MORE COMPETITIVE AND FLEXIBLE INDUSTRIAL ECOSYSTEM, DRIVEN BY TECHNOLOGY AND DATA, AND WITH AN ENVIRONMENTAL FOCUS
With 12,000 systems connected worldwide, two million data items uploaded every minute and three billion per day, Renault Group’s Industrial Metaverse driving smarter, faster and better production, while reducing the costs and carbon footprint of industrial processes. In 2023, the Metaverse has generated savings of €270 million for the Group, primarily through the deployment of predictive maintenance on installations. By connecting not only the workstations but also the entire ecosystem (transport, suppliers, etc.), Renault Group aims to cut vehicle delivery times by 60% and the carbon footprint of vehicle production by half.

Also through artificial intelligence, the Group is able to implement a predictive approach to energy consumption, reducing the energy required by industrial sites by 20%. Using the Ecogy portal, an agile, connected solution developed in-house, it is able to continuously monitor consumption and respond immediately to any deviations. Renault Group is aiming to cut energy consumption of its industrial sites by 40% by 2025 and is already halfway there since 2019. In terms of emissions from its industrial sites, Renault Group has set a target of Net Zero Carbon by 2025 for the ElectriCity division and the Cléon site, by 2030 for sites in Europe, and by 2050 for all industrial sites worldwide.


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