Luca de Meo’s Post

A dream team is born to reinvent the future of #ICE and hybrid solutions! We are thrilled to welcome aramco as a strategic partner in HORSE Powertrain Limited. 🤝   Decarbonizing the automotive industry is a team sport that requires the best players to join forces. That’s why we’ve shaped Renault Group into a team of teams, each specialized in a specific field with its unique ecosystem and partners. On the #EV side, we have Ampere. On the ICE side, we’ve created HORSE Powertrain Limited with GEELY, to push for ultra-low emission solutions while achieving worldwide leadership and scale in powertrain components and systems.   Now we take a step further in this direction as Aramco acquires a 10% equity interest in HORSE Powertrain Limited, valuing the company at €7.4 billion.   Our joint efforts will focus on a variety of technologies, from highly efficient ICE, transmissions, and hybrid powertrains to alternative fuels like lower-carbon synthetic fuels and #hydrogen. Our common goal: accelerating in the journey towards #decarbonization.   Many thanks to all the teams involved in this exciting project that enables us to develop long-term sustainable and accessible decarbonized solutions! Lee Ma Juan Martín Ferrera Peña Patrice Haettel Ruiping Wang Matias Giannini, Yasser Mufti Jamal Muashsher Ali Meshari Tihua GC Fiona Xeing Francois PROVOST Andrew Katz

Today marks an exciting milestone for Renault in Korea! We’re introducing our new SUV, Renault Koleos at the #BusanMobilityShow!    What better example of a horizontal partnership than this project? By leveraging powertrains from HORSE Powertrain Limited, producing at our top-quality Busan plant, and utilizing our design centers in Paris and Seoul, we’ve demonstrated the true benefits of playing a team sport.    Renault Koleos is not just a new vehicle; it is a significant step in our global dynamic and the first product of Renault Korea Motors’s revival. Renault Korea is now positioned as one of our international hubs for upper segment cars, providing a range perfectly tailored for the local market and beyond!    Kudos to Renault Korea’s Engineering team, which has set a new reference for speed and efficiency, delivering an outstanding hybrid car in record time! But don’t count on us to stop at such a good pace, we’ll keep pushing the limits of efficiency by combining our strengths!

Who would have bet 20 years ago that Dacia would be on the european passenger car retail sales podium? This has been the case for 4 years! Today I had the pleasure of retracing the brand's trajectory with our analysts and investors in Romania.      The key to Dacia’s success? Playing a team sport and focusing on what really matters, thanks to a design-to-cost approach, a hypercompetitive industrial footprint, and a commercial policy focused on transparent and simple pricing.      We also push for ultra-low emission solutions, including #efuels. In that matter, Dacia has great assets to make its way between the challenges of #sustainability and affordability.      I want to say a big bravo to our teams! Thanks to all the work that has already been done, Dacia is now at a turning point in its history. We are entering a new chapter, projecting the brand’s unique recipe in upper segment vehicles, which will boost its profitable growth.    We have great projects (#Duster and #Bigster to name a few), and the   obsession with customer value that will push Dacia into another dimension!     #DaciaDays   Denis Le Vot 

What better occasion than this #WorldEnvironmentDay to recall Renault Group's commitments? We dare and we innovate, for example when we decide to address decarbonization on our products' entire lifecycle, from cradle to grave.   And we walk the talk! We have reduced the Group's overall carbon footprint by 28% between 2010 and 2023! It is the result of more than a decade of investment and work. And that puts us on track to achieve carbon neutrality in 2040 in Europe and by 2050 globally, with Ampere leading the way from 2035 onwards.   Renault Group is recognized as a frontrunner also in the #circulareconomy, with decades of experience. It shows in our vehicles: our car of the year Scenic is 90% recyclable, 24% made of recycled materials. Behind the scenes, we’re building our circular value chain. In 2021 we've turned our plant of Flins into a living lab: the ReFactory. In 2022 we’ve initiated THE FUTURE IS NEUTRAL: the first 360-degree circular economy enterprise in the automotive world. A new kind of enterprise, open to partners and designed to serve all automotive players with integrated solutions, including the first offer dedicated to #EVs in Europe. These solutions are already running and generated almost 1billion euros last year.   But the race towards #carbonneutrality can't be a solo play. That is why we created a robust ecosystem all along our electric value chain including downstream for the end-of-life with our long-term partner SUEZ, which I met this morning. Thank you Sabrina Soussan for our insightful exchange about the challenges ahead of us and the solutions that we can provide together. The road is still long, but I believe we have all it takes to tackle mobility’s biggest challenges as a team!

I have been saying it for years: ICE has still potential! And our partnership with GEELY proves it once again today.   With HORSE Powertrain Limited, we team up with Geely to put ourselves in the condition to achieve worldwide leadership and scale in powertrain components and systems, with 9 clients through 130 countries across the world, 17 plants, 5 R&D centers and the capacity to produce almost 5 million units per year.   We know that the global shift towards carbon neutrality is a bumpy road. 50% of vehicles produced in the world are expected to still rely on combustion engines by 2040. And just like in Formula 1, we need to have a plan A, a plan B and also a plan C.   That's what Horse is about: reinventing ICE technologies, pushing for ultra-low emission solutions, including #efuels.    Good luck and congratulations to Matias Giannini and the teams that helped us bring this project to life. The road is still long, decarbonization is the greatest challenge of our industry and we are determined to face it head on!   Lee Ma Juan Martín Ferrera Peña Patrice Haettel Daniel (Donghui) Li Francois PROVOST Gilles Le Borgne Denis Le Vot Fabrice Cambolive   #EV #DecarbonizedMobility #ICE

Quelle fierté de présenter deux emblèmes de la #Renaulution à l’Elysée : le Rafale et la Renault 5. Deux modèles qui illustrent le renouveau de Renault Group, tant en termes de design que de technologie. Le #Rafale et la #R5 incarnent notre philosophie à la perfection : mettre le produit au cœur de notre stratégie et accompagner l'#électrification en Europe. Avec Rafale, nous rendons hommage à notre histoire aéronautique. Rafale est un nom qui s’est inscrit dans le passé glorieux de la marque lorsque nous avons réalisé, avec Caudron - société qui avait été rachetée par Renault en 1933 -, l’avion qui a permis à des personnalités comme Hélène Boucher d’entrer dans la légende. Aujourd'hui, nous poursuivons cette success story, reconnectant la marque à ses racines et à ses rêves. La #R5 incarne quant à elle tout ce que Renault a dans les tripes et tout ce que nous aimons faire : un modèle populaire, malin, innovant. C’est ce dont nous avions besoin pour relever le défi de l’#électrification. C’est pourquoi nous avons travaillé dur afin de créer le meilleur petit véhicule électrique au monde, et surtout, #MadeinFrance ! Son objectif : se projeter dans le futur et renouer avec des millions d’européens émotionnellement, pour les embarquer dans le grand virage vers la mobilité électrique, connectée et durable. Nous sommes très heureux d'avoir partagé ce moment avec Emmanuel Macron. Au fait, vous ne trouvez pas que Rafale ferait une bonne voiture pour un Président ? 😉

Today's mobility challenges cut across the traditional sectors and require putting together various expertises. We've created the Software République just for that!     This morning, I had the pleasure of visiting Eviden, one of our key partners, for a deep dive into their cutting-edge research technologies.     And I can proudly say that European actors have all it takes to win in the realm of disruptive automotive applications: we are at the forefront of groundbreaking advancements in #QuantumComputing, generative #AI, #cybersecurity, and supercomputers.    That is why we put the emphasis on working in an open ecosystem at Software République. Our goal is to leverage the best in tech to address current and future #mobility issues.    Thank you to Carlo d'Asaro Biondo and the entire Eviden team for sharing your work with us. We've accomplished a lot since Software République's birth three years ago. #U1st, our announcement at #VivaTech, is the latest proof of our commitment! And among our projects, I can also think of V2X technology: an advanced communication system improving interaction between vehicles and vulnerable users.    But this is just the beginning! I look forward to our continued partnership and the advancements we will achieve together.    Now, on to the next challenge!    Frederic VINCENT Dr. Luc JULIA Eric Feunteun Eric Mariette Colette Albertazzi Emmanuel LeRoux Olivier Gordien Patrice-Henri Le Franc

I know nothing better than a car to make people move forward as one team. And this year at Viva Technology, we walked the talk!   We had the pleasure to introduce #U1st: a new concept by Software République, designed to bring healthcare closer to those who suffer from health accessibility issues.   How ? By combining the assets of all Software République members, turning our #FlexEVan into a mobile medical center. FlexEvan is the 1st generation of #SoftwareDefinedVehicle. Packed with connectivity and very modular on the hardware side, it allows access to state-of-the-art prevention and health services for rural areas and peripheral populations.   I am truly proud of this project, which materializes how we see tech in the Software République: not tech for tech but #tech for the people.   I also had the pleasure to take part in a fundamental discussion with Sabrina Soussan, about the reinvention of business models, and the necessity to stay ahead in a rapidly changing world. A subject dear to my heart, as I started the #Renaulution from scratch 4 years ago.   And I don't intend to stop there! #Innovation is a collective sport, and Renault Group will continue to evolve as a team of teams, with the ambition to shape a next-gen automotive company.   It was once again a pleasure to meet such brilliant minds. Innovation is not just a buzzword; it is the engine that propels us forward!   🤝 Atos Eviden STMicroelectronics Dassault Systèmes Thales Orange JCDecaux SUEZ

What a journey the last 1000 days have been! From experiencing historical loss in 2020, we’ve achieved a record operating margin of 7.9% and generated €3bn of free cash flow in 2023!   Today I wanted to express my gratitude to the people of Renault Group for making the #Renaulution a reality. You can all be proud of yourselves! I would also like to thank Renault Group’s board of directors for their support and our shareholders who renewed their trust in me for a second mandate.   When I started the Renaulution 4 years ago, the company was at its lowest point. We started our Resurrection phase by undertaking structural work on performance, while the Renovation was about putting the product at the center of the company. We also announced that we would turn Renault Group into a next-gen automotive company, focused on a team of teams, for 5 specific sports: #EV, #software, #circulareconomy, #mobility services, and #ICE.    Since then, we’ve set Renault Group back where it deserves: at the forefront of innovation. In only one year, we have carved out HORSE and launched Ampere. We've also prepared the best range in 30 years, with 10 launches this year alone, and set up more than 20 partnerships.    But don't count on us to stop here! With our program "Speed of Lightness", we aim to accelerate on a dozen key processes in our company. Thanks to this program, our new Twingo will be developed in 2 years instead of 3 or 4!   I can’t wait to write the next chapter with our bold and passionate teams.   Now, on to the next challenge! Check out our 2024 car lineup : https://lnkd.in/eU-iMsAN