Sofia, Bulgaria – Renault has announced a significant shift in its automotive strategy, aiming to halt production of internal combustion engine (ICE) vehicles in Europe by 2030. This move, unveiled on Tuesday as part of the company’s “futuREady” strategic plan for 2026-2030, reflects a broader industry trend toward electrification, though with a notable adjustment to accommodate evolving market realities and regulatory changes. The plan targets 100% electrified sales in Europe and 50% outside of Europe by the complete of the decade.
The announcement comes as the European Union has softened its stance on a complete ban of modern ICE vehicle sales by 2035, opening the door for hybrid technologies. As reported by France Bleu, this shift in EU policy allows for continued development and sales of hybrid vehicles, influencing Renault’s revised strategy. Renault now intends to maintain hybrid models in its European lineup beyond 2030, a departure from its previous 2021 goal of 100% all-electric vehicles by that date.
Despite this adjustment, Renault remains committed to phasing out purely thermal vehicles in Europe in the short term, differentiating itself from competitors like Stellantis, which plans to reintroduce gasoline and diesel models. The “futuREady” plan centers around three key pillars: strengthening brand positions in Europe, deploying electrification across the range, and expanding the brand’s offensive in international markets. This ambitious plan will see the launch of 12 new products in Europe and 14 new models internationally between now and 2030.
A Broad Electrification Strategy
Central to Renault’s strategy is a comprehensive electrification push. The company plans to extend its full hybrid E-Tech offering beyond 2030 in both European and international markets. Renault will develop a new generation of electric vehicles based on a new platform, RGEV medium 2.0, designed for increased range, efficiency, and ultra-fast charging capabilities. This platform is expected to be a cornerstone of Renault’s electric vehicle offerings in the coming years.
The company is also investing in innovative vehicle concepts, such as the Renault R-Space Lab, which embodies a new approach to vehicle design focused on creating “voitures à vivre” – vehicles designed for living. Renault intends to bring to market a new generation of all-electric vans featuring an 800-volt Software Defined Vehicle (SDV) architecture. This architecture is expected to enhance performance and enable over-the-air software updates, improving vehicle functionality and longevity.
International Expansion and Sales Targets
Renault’s ambitions extend beyond Europe, with a significant focus on international markets. The company aims to sell more than 2 million vehicles by 2030, with half of those sales occurring outside of Europe. Currently, approximately 38% of Renault’s sales are outside of Europe, and the company is targeting a 50% share by the end of the decade. This expansion will be driven by the launch of 14 new models specifically tailored for international markets, including a new B-segment SUV, the Bridger Concept, which will be built in India for the Indian market and other regions.
The Bridger Concept, as highlighted in the futuREady plan, will be a multi-energy model with an electric version, catering to the needs of urban populations. Renault’s strategic focus on India, South Korea, and Latin America underscores its commitment to diversifying its geographic footprint and capitalizing on growth opportunities in emerging markets. The company will continue to abstain from entering the American and Chinese markets, focusing its resources on regions where it sees the greatest potential for success.
Dacia’s Role in the Electrification Push
Renault’s budget brand, Dacia, will also play a crucial role in the electrification strategy. The company aims for two-thirds of Dacia’s sales to be electric by 2030, with a lineup featuring four electric vehicles, a significant increase from the single electric model currently available. Dacia will also integrate models with range extenders – incorporating a small thermal engine to recharge the battery – offering a potential range of up to 1,400 kilometers.
The futuREady plan represents a substantial investment in Renault’s future, with the launch of 36 new models between now and 2030, including 16 fully electric vehicles. This is an increase from the 32 models launched between 2021 and 2025. The plan is spearheaded by newly appointed CEO François Provost, who emphasized the importance of growth, product innovation, and technological advancement in securing the company’s long-term success.
Renault’s commitment to electrification is not merely a response to regulatory pressures but a strategic decision to position the company as a leader in the evolving automotive landscape. The company’s focus on range, charging speed, and innovative vehicle concepts demonstrates its dedication to providing customers with compelling and sustainable transportation solutions. The success of the futuREady plan will depend on Renault’s ability to navigate the challenges of a rapidly changing market and deliver on its ambitious goals.
The automotive industry is undergoing a period of profound transformation, driven by technological advancements, environmental concerns, and shifting consumer preferences. Renault’s decision to prioritize electrification and international expansion reflects a proactive approach to these challenges, positioning the company for continued growth and success in the years to approach. The company’s commitment to innovation and sustainability will be key to attracting customers and maintaining a competitive edge in the global automotive market.
Looking ahead, Renault will continue to monitor market trends and adapt its strategy as needed. The company’s next major update on its progress is expected in the first quarter of 2027, when it will provide further details on its electrification roadmap and international expansion plans. The automotive industry remains dynamic, and Renault’s ability to respond effectively to changing conditions will be crucial to its long-term success.
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