"French Automaker Renault Seeks to Revamp Research and Development to Stay Competitive in China In a bid to catch up with its Chinese competitors, Renault is planning a major overhaul of its research and development (R&D) operations. The move comes as Chinese automakers have set a new standard by successfully developing and launching new models in as little as two years, a pace that has left many international rivals struggling to keep up. As the global auto market continues to shift towards electric and autonomous vehicles, Renault is under pressure to adapt and innovate more quickly to remain competitive. With its sights set on the lucrative Chinese market, the French automaker is poised to undergo a significant transformation in its R&D approach to stay ahead of the curve."
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.
