Renault Group is developing a new strategic plan for 2026–2030 under its new CEO, Francois Provost, who outlined key directions during the launch of the all-electric Twingo. The plan focuses on cutting production costs and accelerating development cycles, drawing inspiration from Chinese manufacturers and Toyota’s quality philosophy.
“If you develop faster, you innovate faster and reduce costs. This is the new mindset Renault must embrace,” Provost told Autocar.
Read also: The new Renault Twingo: sub-€20,000 city EV that will inspire the next Dacia Spring
The French automaker aims to cut EV production costs by up to 40%, with the new Twingo already 25% cheaper to build than its predecessor. The model was developed in just 21 months, while its Dacia-badged version will be ready in 16 months, compared to the industry’s traditional 3–4 years.
Provost described the current European market as facing a “mobility crisis,” as average new car prices have risen by 45% over the past decade. Renault’s response is to expand access to affordable electric mobility through models like the Twingo EV and Dacia Hipster concept.
The upcoming plan, set to succeed Renaulution, will be unveiled in Q1 2026 and include a new compact EV platform underpinning future Megane and Scenic generations. Renault also targets leadership in the full-hybrid (FHEV) market, currently dominated by Toyota.
Provost urged the European Union to ensure regulatory stability, warning that upcoming CO₂ targets – requiring fleet emissions to fall to 49 g/km by 2030 – are “unrealistic under current conditions.”
Photo: Automotive News
