Renault (RNO) Strategy Day 2026 summary

Strategic Vision and Growth Targets

• Aims to become the reference European OEM, targeting steady mid-single-digit revenue growth and launching up to 36 new models by 2030, with a balanced approach between Europe and targeted international markets like India and South America.

• Plans for 50% electric and 50% full hybrid sales for the Renault brand in Europe by 2030, and 50% electrified sales outside Europe, leveraging E-Tech hybrid technology.

• Dacia targets 66% electrification by 2030 with four new EVs, while Alpine will double sales by 2026 and launch the first true EV sports car.

• Focus on value over volume, with a disciplined go-to-market strategy, high retail channel mix, and superior residual values, aiming for sustainable growth and profitability.

• International expansion is anchored by strong local footprints and partnerships, especially in India and Brazil, with new models tailored for these markets and a goal to cover 55% of the global market by 2030.

Financial Guidance and Capital Allocation

• Targets a sustainable group operating margin of 5%-7% from 2026 onwards, with automotive free cash flow of at least €1.1–1.5 billion per year, more than double historical performance.

• Commits to a €2.2 dividend in 2026 for 2025, with a clear objective to increase dividends over the midterm.

• Capital allocation prioritizes product investment, stakeholder returns, and maintaining a strong balance sheet.

• Plans to reduce variable costs by €400 per vehicle per year and cut production costs by 20%, leveraging design-to-manufacturing, automation, and digital twins.

• Inventory and logistics costs to be reduced by €1 billion and 30% respectively, with a focus on supply chain resilience and agility.

Technology, Innovation, and Customer Experience

• Accelerates electrification with new modular EV platforms, targeting up to 750 km WLTP range and 10-minute quick charging by 2030.

• Develops in-house e-motors and power electronics, aiming for 20% cost reduction and 25% power increase.

• Introduces software-defined vehicles (SDV) with Android-based OS, enabling rapid feature expansion and deep AI integration, with the first European SDV in 2026.

• Customer experience strategy targets 80% loyalty over 10 years, leveraging AI, digital twins, and personalized services to tap into second and third life revenue pools.

• Operational excellence driven by AI-powered quality control, predictive maintenance, and real-time monitoring, aiming for a 70% reduction in incident rates within five years.