- Renault Group’s Re-Industry initiative aims to cut production costs by up to half by 2027.
- Central role of Renault’s Industrial Metaverse in enhancing competitiveness and agility.
- Comprehensive overhaul focuses on excellence, environmental sustainability, and innovation.
Renault Group’s Re-Industry plan will see production costs and emissions dramatically reduced
Renault Group is embarking on an ambitious industrial makeover with its Re-Industry plan. The wide-scale overhaul will reshape the automotive giant’s production landscape. The goal is to slash production costs per vehicle by 30% for internal combustion models and 50% for electric vehicles by 2027.
Central to this transformation is Renault Group’s Industrial Metaverse. This digital realm will be the driving force behind the company’s the reimagining of vehicle production processes. The project is about ramping up agility and unveiling new vehicle models across Renault Group’s plants.
Thierry Charvet, Chief Industry & Quality Officer at Renault Group, emphasizes the comprehensive nature of the Re-Industry plan:
“Re-Industry is a 360° transformation plan. The aim is to build on our strengths and to gather speed in what we already do well, to reinvent our entire industrial base and attain the highest standards in excellence. This industrial transformation will make our base more agile, more virtuous and more competitive, while also enabling us to respond more quickly to customer expectations.”
Renault Group is positioning itself for the automotive future. Quality results have tripled over the past two years, placing the company among the industry’s elite. Renault Group’s Industrial Metaverse, already a pioneer in the field, has led to €270 million in savings through predictive maintenance.
Renault Group have set targets to reduce energy consumption by 40%. Furthermore, the group will achieve Net Zero Carbon at specified sites by 2025 and 2030. The use of artificial intelligence (AI) is on the rise, with over 300 operational applications enhancing industrial processes. This includes innovations like POK.AI.OK, integrating AI for quality control and traceability.
Renault Group’s industrial ecosystem is rapidly becoming more competitive and flexible. It’s driven by cutting-edge technology and a strong emphasis on data. The promise of shorter vehicle production times and a dynamic response to market needs underlines the company’s commitment to innovation and future mobility.
Renault Group’s Re-Industry plan isn’t just a cost-cutting exercise; it’s a comprehensive overhaul aimed at making the industrial base more agile, competitive, and environmentally sustainable, setting the stage for the next era in automotive manufacturing. As the industry turns electric, it seems only natural to also decarbonise our processes. We’ve seen steps towards this goal from across the world of emobility, but Renault’s Re-Industry plan marks a major turning point with one of the sector’s giants taking the helm.