The Renault 5 Prototype is part of the company's new business plan “Nouvelle Vague” (New Wave), which details how Renault wishes to turn into a tech, service and clean energy brand as well. In the short term at the automotive level, the move will lead to 14 core vehicle launches by 2025, seven of which will be fully electric, and an equal number in the C/D segment. What won't be pure electric will come with a hybrid option. What's more, Alpine will team up with Lotus to develop an all-electric sports car through a joint venture.
Based on CEO Luca De Meo's statement regarding what's next, Renault will also become an energy brand, investing in hydrogen as well, aiming to offer the greenest mix in Europe in four years. At the same time, called Software République, Renault's tech brand promises to offer an open ecosystem in key fields such as data or cybersecurity. As a service brand, this will bring new functions to the vehicles as well, both onboard and off.
Last but not least, Renault wishes to re-think vehicle life cycles, all through its Re-Factory in Flins, France, a plant that will "recondition more than 100,000 used cars per year," repurposing diesel large commercial vehicles by converting them to biogas and pure EV trucks.
