Monday, May 11, 2026

Renault scales back Mobilize division, exits car-sharing and cuts fast-charging investments

Share

Renault has announced a major restructuring of its Mobilize division, which focuses on new mobility solutions. The move includes shutting down car-sharing services and significantly reducing investments in fast-charging infrastructure, as the French automaker reallocates capital toward projects with stronger profitability prospects, according to Reuters.

Activities reintegrated and projects discontinued

As part of the reorganization, energy- and data-related activities will be reintegrated into Renault’s core operations. Around 80 of the 450 positions at Mobilize Beyond Automotive will be affected, although the company said it aims to prioritize voluntary departures and internal redeployments to limit social impact.

Read also: The new Renault Twingo: sub-€20,000 city EV that will inspire the next Dacia Spring

Among the projects being discontinued are the Zity car-sharing services, currently operating in cities such as Milan and Madrid, as well as the Duo electric microcar initiative. Renault stated that “other activities with limited profitability prospects or that do not directly support the group’s strategic priorities will be halted.”

Mobilize was launched in 2021 under former CEO Luca de Meo, with the goal of expanding Renault’s business beyond traditional car manufacturing. The division initially focused on car-sharing, electric vehicle charging solutions, and data-driven services. Under the leadership of current CEO François Provost, these investment priorities have been reassessed.

Reduced targets for charging infrastructure

Amid broader challenges facing the automotive industry, Renault has scaled back its ambitions for charging infrastructure. By the end of 2026, the company now plans to operate around 100 fast-charging stations in France and more than 100 in Italy. Previously announced plans for Belgium and Spain have been dropped.

These revised targets are well below Renault’s earlier goal of rolling out 650 charging stations across Europe by 2028.
“We are operating in a difficult environment for the automotive industry, and Renault needs to adjust how it allocates capital. We have many investments to finance,” said Jérôme Faton, head of Mobilize’s Energy division.

Photo: Electrive

Teodora Helerman
Teodora Helerman
Online editor, content writer, blogger, and social media specialist, with experience in writing and publishing news, creating original content, and adapting materials for various digital platforms.
spot_img
spot_img

Read more