French automaker Renault is gearing up for a major transformation in its research and development (R&D) operations in a bid to stay competitive in the rapidly evolving global market. As China's automotive industry continues to surge ahead, with major players like Geely and BYD setting new standards by developing innovative models in record time, Renault is seeking to adapt its R&D strategy to match the pace of its Chinese counterparts. The company's ambitious goal is to become more agile and responsive to changing market demands, allowing it to bring new models to market more quickly and effectively. By revamping its R&D operations, Renault aims to stay ahead of the curve and maintain its position as a leading player in the global automotive industry.
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.