Renault is reportedly considering a restructure to separate its electric vehicle and combustion engine based operations in a bit to boost efficiency and catch EV segment leader Tesla.

Reuters reported that Renault chief Luca de Meo wants to press ahead with such a split. Ford recently announced a similar EV/ICE operations split.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Discover B2B Marketing That Performs

Combine business intelligence and editorial excellence to reach engaged professionals across 36 leading media platforms.

Find out more

The Reuters report said an internal assessment on progress will be made in three months. It also said there remains uncertainty over the company’s long-term investment position in Russia, where it controls local giant AvtoVAZ, but that uncertainty won’t hold back its strategy on EVs.

Reuters – citing unnamed sources – reported that several working groups at Renault are working on the creation of two separate  structures, codenamed ‘Ampere’ for the electric and ‘Horse’ for the legacy ICE operations.

Just Auto Excellence Awards - The Benefits of Entering

Gain the recognition you deserve! The Just Auto Excellence Awards celebrate innovation, leadership, and impact. By entering, you showcase your achievements, elevate your industry profile, and position yourself among top leaders driving automotive industry advancements. Don’t miss your chance to stand out—submit your entry today!

Nominate Now