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The Renault Group, which includes carmakers like Nissan, Mitsubishi and Renault, will launch 21 new models by 2020. The launches will fall under the company’s new Drive the Future strategy.
Eight cars will be all-electric and 12 of them will be hybrids. Renault also plans to reduce its diesel engine portfolio by 50 percent by 2022. It will also have one family of diesel engines instead of the three currently offered.
15 of the 21 cars will feature autonomous driving technology ranging between Level 2 and Level 4 autonomy, with smaller Renault Group cars gaining Level 2 autonomy by 2019.
The cars will be built on an EV platform that will be shared across the Renault-Nissan-Mitsubishi Alliance. The first of the three New Renault SUVs is possibly a small all-electric SUV for the Chinese market.
The company intends to spend about £16.1 billion (₹1.37 lakh crore) on research and development for the Drive the Future strategy.