Renault Unveils Ambitious Dual-Platform Strategy for India by 2030
Renault plans dual-platform strategy, targets 7 models and EV push in India by 2030
The Economic Times
Image: The Economic Times
Renault, the French automotive manufacturer, is implementing a dual-platform strategy in India to expand its product lineup to seven models by 2030. This includes the introduction of the Renault Group Entry Platform (RGEP) for vehicles under ₹10 lakh (approximately $12,000 USD) and the Renault Group Modular Platform (RGMP) for electrification and higher-value vehicles.
- 01Renault aims to expand its product portfolio to seven models in India by 2030.
- 02The company is adopting two platforms: RGEP for budget vehicles and RGMP for electrification.
- 03The first model on the RGMP will be the new Duster SUV.
- 04Renault targets a 5% market share in India with its new strategy.
- 05The E-Tech solutions will include strong hybrid and fully electric vehicles.
Advertisement
In-Article Ad
Renault is set to transform its operations in India by adopting a dual-platform strategy aimed at expanding its product offerings to seven models by 2030. The French automaker plans to introduce the Renault Group Entry Platform (RGEP) to cater to the budget segment below ₹10 lakh (approximately $12,000 USD) and the Renault Group Modular Platform (RGMP) for higher-value and electrified vehicles. According to Stephane Deblaise, CEO of Renault Group in India, the RGEP will support a competitive lineup while the RGMP will facilitate the company's electrification strategy. The newly launched Duster SUV is the first vehicle under the RGMP, which is designed for scalability and adaptability, supporting various vehicle formats from 4.0 to 4.7 metres. Renault aims for a 5% market share in India, with plans to progressively introduce its E-Tech solutions starting in 2026, including the Bridger SUV and eventually a fully electric vehicle. The India Engineering Centre will play a crucial role in developing technology and software for these new models.
Advertisement
In-Article Ad
Renault's new strategy is expected to enhance the availability of affordable and electrified vehicles in India, catering to diverse consumer needs and preferences.
Advertisement
In-Article Ad
Reader Poll
Do you think Renault's focus on electric vehicles will succeed in India?
Connecting to poll...
Read the original article
Visit the source for the complete story.