Formula 1
Renault presents a brand new plan for the longer term and can collaborate with Lotus – NEWPAPER24

Renault presents a brand new plan for the longer term and can collaborate with Lotus
2021-01-14 08:10:14
Renaulution
After truly all of Renault’s sports activities objectives had not been achieved lately, the helm is now altering. New CEO, Luca de Meo, has written a brand new plan for Renault’s resurrection. Renaulution is constructed up in a number of steps and finally covers a interval of 5 and past.
The primary a part of the plan is the resurrection, wherein the organisation goals at restoring margins and bringing in cash flows. Till 2025, the renovation is an element two of the plan, wherein the line-up must be improved to supply the model with extra income. From 2025, half three will begin, which is all about growing know-how to change into one of the best within the automotive business.
#Renaulution | The three phases of our Strategic Plan:
Resurrection specializing in price discount, margin & money technology.
Renovation with new & revamped line-up, electrical & electrified, centered on bigger revenue swimming pools
Renaulution pic.twitter.com/tZ1HHt1EQB
— Groupe Renault (@Groupe_Renault) January 14, 2021
New sports activities automotive
The division of manufacturers can also be a part of the brand new technique. Renault stays the accessible model for the “unusual citizen”, the place Dacia ought to be an inexpensive various. Alpine, however, is correct for the upper phase, the place a completely electrical automotive is aimed.
The plans additionally state that System 1 will stay on the coronary heart of the Alpine venture, with a renewed dedication to the championship. Additionally, a brand new technology EV Sports activities Automobile may also be designed in collaboration with Lotus. This collaboration will be in comparison with the Valkyrie venture of Aston Martin and Crimson Bull Racing Superior Applied sciences.
This text was written and initially revealed by Tim on the Dutch version of GPblog.com.