Renault's Ambitious Revamp: Aiming to Close Gap with Chinese Rivals In a bid to stay ahead in the fiercely competitive global automotive market, Renault is planning a major overhaul of its research and development (R&D) operations. The French carmaker is seeking to become more agile and responsive to changing market demands, particularly in China, where local competitors have set a new benchmark by developing models in just two years. This rapid pace of innovation has left many Western manufacturers struggling to keep up, and Renault is determined to bridge the gap. By reforming its R&D operations, Renault hopes to improve its time-to-market for new models and better meet the evolving needs of its customers in key markets like China.
Renault also aims to overhaul its R&D operations and become more agile in matching Chinese competitors, who have set a new benchmark by developing models in just two years.