In terms of appearance, the new car has six body colors to choose from: pearl white, oyster gray, star black, metallic gray, iron blue and flame red. Users can also choose grey, black or Pearl Beige (champagne) as the roof color to create a two-tone body combination. The overall appearance of the vehicle adopts the latest Renault family-style design, which is tough but also has a sense of technology.

On the side of the car body, the overall lines move smoothly, creating a strong vehicle momentum. In addition, the car also offers different styles of 17-, 18-, and 19-inch wheels for option. At the rear of the car, there is not much difference between the new car and the current model. It still uses the double C-shaped light group style, and the overall appearance has a strong three-dimensional effect. It is worth mentioning that the car also provides a wealth of vehicle peripheral products, such as side lights, bicycle racks, tow hooks, and more.

For the interior, the new car will adopt a black-themed color scheme, such as a bright black decorative panel on the center console. The car also uses a black lining, and the seats are also black with a combination of leather and cloth materials. The overall display shows a good sense of movement. In terms of details, the car will also provide color options for the central control panel, as well as matching seat belts, seat stitching, etc.

In terms of configuration, the new car will be equipped with Google OpenR Link and Android Automotive 12 multimedia systems, while supporting Apple Carplay and Android Auto functions. It uses a 10.25-inch center instrument screen + 10.4-inch vertical central control screen. In addition, the car will also support 48 interior ambient light adjustments, front USB-C and 12V sockets, and two USB-C sockets behind the center armrest. The new car will also support lane keeping, lane departure warning, ACC adaptive cruise, 360-degree imaging and many other functions, and realize L2 assisted driving.

In terms of power, the car will be equipped with 6 power systems, including two fuel power systems, two light hybrid power systems, one liquefied petroleum gas power system and one plug-in hybrid power system. In terms of fuel power, it is equipped with a 1.0-liter turbocharged 3-cylinder engine that can output a maximum power of 90 horsepower and is matched with a 6-speed manual transmission. The car will also provide a 1.3-liter turbocharged four-cylinder engine that can output a maximum power of 155 horsepower and a peak torque of 270 Nm.

The mild hybrid system uses a 1.3-liter turbocharged four-cylinder engine and a 48V mild hybrid system, which can output a maximum of 140/160 horsepower and a peak torque of 260/270 N·m. It is matched with a 6-speed manual transmission and automatic transmission. box. The LPG power system can output a maximum power of 100 horsepower. The plug-in hybrid system will be equipped with a 1.6-liter naturally aspirated engine, coupled with an E-Tech hybrid system and a 1.2kWh battery pack, which can output a maximum power of 145 horsepower and a peak torque of 205 Nm.

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In November 2023, Renault and Nissan stated in a statement that by handing over 28.4% of Nissan’s shares to a French trust company for management, Renault had reduced its shareholding in Nissan from approximately 43% to 15%, thus Put both parties in an equal cross-shareholding position. As part of the deal, Nissan also committed to investing up to 600 million euros ($641 million) in Ampere, Renault’s electric vehicle unit, becoming a strategic investor in the company and obtaining a board seat.

The share sale announced on March 26 is the second time Renault has sold shares in Nissan since the two parties set the above goals. In December 2023, Renault sold approximately 5% of its shares in Nissan for 765 million euros as part of Nissan’s share buyback plan.

It is reported that the latest sale of Nissan shares amounted to 100,242,900 shares, which was part of Renault’s investment of Nissan shares into a French trust fund. Renault noted that the sale of shares is also part of Nissan’s share buyback plan. “This transaction will accelerate the deleveraging process and support the group’s determination to restore its investment grade,” Renault said in a statement. In addition, Renault has the right to sell an additional 180,447,100 Nissan shares to third parties within a 180-day period. , the shares were provided by Nissan but have not yet been repurchased.

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Korean car companies signed a memorandum of understanding this week with the city government of Busan, South Korea’s second largest city, to renovate existing factories in Busan, South Korea, and build a future mobility center. The company is also considering producing new electric models at the plant.

The CEO of Renault Automobile Korea said that as part of the first phase of the project, the French automaker will invest 700 billion won (Note: currently about 3.78 billion RMB) to build hybrid vehicle research and development in the city centers and manufacturing facilities.

Renault Korea is trying to use the project to break out of a slump in which it has not launched a new model since the launch of the XM3 in 2020.

The post Renault to invest 700 billion won in new energy vehicle production line in South Korea appeared first on TechGoing.

The European auto industry is grappling with slowing sales of electric vehicles in Europe. Carmakers have invested heavily in producing electric vehicles, but they are expensive for European consumers. Competition from cheaper Chinese electric cars is also a concern. The EU has launched a countervailing investigation into Chinese cars and is considering raising import tariffs.

De Meo declined to comment on the tariffs, sources said. Europe must protect its market during the transition to electric vehicles while finding a place for Chinese rivals. One of the reasons is that Europe’s automakers can Learn from China, which is leading the industry. “If we want to accelerate the adoption of electric cars in Europe, we need to work with the Chinese and find ways to deal with them,” de Meo said.

De Meo said that these methods may encourage Chinese automakers in Europe to cooperate with European suppliers, or encourage Chinese suppliers to set up branches in Europe, similar to China’s policies towards overseas automakers. De Meo said that “closing the door completely on (China) would be the worst response.” De Meo also called on the EU to fund electric vehicle subsidies and raw materials, as well as infrastructure plans to counter fierce competition from China. In addition, Mercedes-Benz CEO Källenius previously stated that he believes tariffs should be cut and that increased competition will help the European auto industry produce better cars.

The post Renault CEO: Completely closing the door to China is the worst thing appeared first on TechGoing.

Renault stressed that it had enough cash even without an IPO and that the group would continue to fund Ampere’s development until it reached breakeven in 2025. This decision has no impact on Groupe Renault’s financial guidance and capital allocation strategy.

“Today, we have made a pragmatic decision. We are all focused on executing our strategy and delivering better results that create value for all stakeholders.”

Groupe Renault said the entire Ampere team will execute its electric vehicle and software strategy, with a clear roadmap in place to significantly reduce the cost of electric vehicles by 40% within one product generation.

The company announced as early as 2022 that it planned to conduct an IPO of Ampere in the first half of 2024, but late last year stated that it would cancel it if the valuation was too low.

Luca de Meo, CEO of Groupe Renault and Ampere, previously said that the value of the IPO may be as high as 10 billion euros.

In December, Renault alliance partners Nissan and Mitsubishi announced they would invest in Ampere. Renault stressed that the companies were interested in investing in Ampere even without an IPO. Qualcomm is also expected to invest in Ampere, but its investment is contingent on the IPO proceeding.

Renault Group Chief Financial Officer Thierry Piéton said that after canceling the IPO process of its electric vehicle subsidiary Ampere, Renault will discuss the latter’s investment plan for Ampere with Nissan.

“Nissan has stated that it is interested in potential investment opportunities regardless of whether Ampere IPOs or not… This has been taken into account in the contract between the parties and there is an agreement that allows Nissan to invest regardless of whether Ampere IPOs or not.”

The post Renault cancels IPO process of electric vehicle subsidiary Ampere appeared first on TechGoing.

This move is another step after Renault finally decided to reduce its stake in Nissan last month. Renault said on December 12 that the share sale was worth about 765 million euros (about 824 million U.S. dollars), but Renault would suffer a capital loss of 1.5 billion euros.

Nissan will repurchase the shares at 568.5 yen per share, which was Nissan’s stock price when the Tokyo Stock Exchange closed on December 12. Although Nissan’s share price has risen 36% this year, its current market value is only half of what it was at the beginning of 2017.

The two automakers ultimately aim to adjust their mutual shareholding ratio to 15%, thus resetting the previous decade-long automaking alliance. The partnership between Nissan and Renault took a major hit in 2018 due to the arrest of former chairman Carlos Ghosn. Since then, the two companies have drifted apart and developed their own development plans.

Funds from the sale of Renault’s stake in Nissan will support Chief Executive Luca de Meo’s push to develop Renault’s electric vehicle and software unit Ampere. He plans to spin off the unit and take it public as an independent entity in April or May 2024. Nissan also agreed to invest in Ampere.

The post Renault to sell 5% stake in Nissan for €765 million appeared first on TechGoing.

In terms of appearance, it can be seen that the new car continues the design style of the concept car, but the LED light source structure inside the headlight group has been adjusted. The square LED daytime running lights have also been changed to a style with four corners lit, and a red one in the middle. The “5” logo is more recognizable overall. The illuminated RENAULT letters under the front of the concept car are not expected to be retained, but an air intake will be installed. In addition, according to previous preview images, the engine hood is equipped with a charging status display. When the battery is full, the display will display the complete number “5”.

Looking from the side of the body, the car is only 3.92 meters long, making it appear relatively short and compact. There is a charging socket behind the front wheel, and the rear door handle is hidden in front of the C-pillar. A strip of red decoration on the roof extends from the rearview mirror to the rear spoiler, adding a bit of vitality to the entire car. The overall shape of the rims also continues the design on the concept car, but it does not look so exaggerated and the size has also been reduced.

The rear of the car follows the H-shaped through-type taillight design from the concept car. However, according to previous preview images, the middle part is only for decoration and cannot be lit. It is equipped with the number 5 logo. It is reported that the car does not use a dedicated electric vehicle platform, but is based on the Renault Clio. The two cars share about 70% of their parts. In the future, the car will be equipped with a multi-link rear suspension, which is relatively rare among French hatchbacks and will bring better handling.

In terms of power, the car will be driven by pure electric power, but the specific power parameters have not been announced. According to previous news, the car will be equipped with a battery with a capacity of 52.0kWh and a WLTP cruising range of approximately 400km. An entry-level model equipped with a 40.0kWh battery may be launched in the future. We will continue to pay attention to more news about new cars.

The post Renault 5 E-Tech patent picture, expected to launch in February 2024 appeared first on TechGoing.

The appearance of the new car was officially named “Aerovan”. As the name suggests, the manufacturer attaches great importance to the car’s aerodynamics. It is reported that due to the large body size of the mass-produced car, the official also specially built an 83% scale model for wind tunnel experiments, and finally used it. Its aerodynamic performance has been optimized by 20%. The front grille of the new car adopts a straight waterfall design, the headlights on both sides are very brand-like, and the taillights are also very designed.

Coming inside the car, the center console is tilted toward the driver’s side. The floating screen is not large, but it supports a variety of entertainment functions. There are also physical buttons underneath for easy blind operation. There is an LCD display inside the air-conditioning knob. Nice sense of sophistication. It is worth mentioning that the car has a very rich storage space, and some hidden designs are also very thoughtful. The car supports 20 driving assistance functions and also supports remote control by mobile phone.

In terms of power, the new car’s diesel engine can provide a variety of adjustments, with maximum powers of 105 horsepower, 130 horsepower, 150 horsepower and 170 horsepower respectively; there will also be two pure electric versions, with the maximum motor power of 129 horsepower or 141 horsepower. The maximum torque is the same, 300 N·m, the battery capacity is 40kWh and 87kWh respectively, and the corresponding cruising range is 180km and 410km respectively (WLTP working conditions). In addition, the new car also supports external discharge function.

The post Official photos of the new Renault Master released appeared first on TechGoing.

The new design center is located in the Ayrton Senna Industrial Park in Curitiba (Brazil) and will be responsible for developing concepts and models for the Brazilian and Latin American markets. As of now, Groupe Renault has five design centers around the world to help it design future vehicles.

Groupe Renault has inaugurated the Renault Design Center Latin America in the Ayrton Senna complex in São José dos Pijas (Curitiba, Brazil). This new design center, located close to the Group’s three plants, will provide Renault with modern tools to design vehicles for the Latin American market and will also enable local designers to participate in Renault’s global creative projects alongside four other design centers.

Groupe Renault has had a design office in São Paulo since 2006. With the new facilities at the Renault Design Center Latin America, the designers now have a 1220 m2 design center dedicated to creating products from their origins, through to the creative and conceptual stages of the model.

• Indoor showroom design: Interactive model and prototype evaluation room with 360° rotating platform and 216-inch HD screen for demonstration, modelling and analysis of 1:1 scale 3D vehicles.
• Outdoor showroom design: 500 square meters of outdoor space with confidential isolation that allows models and prototypes to be evaluated in daylight from different angles and distances and helps with the selection of colours and patterns.
• Model Studio: A space dedicated to developing physical prototypes at different scales, transforming 2D designs into 3D designs.
• Virtual Reality Studio: Visualize creative proposals in “real-time” in 3D and HD
• Creative Lounge: An open space designed to facilitate interaction and brainstorming between teams to create concepts and develop projects.

Brazilian designers have contributed to the development of the Renault Kardian, which will go on sale in 2024. They were also involved in the development of the Renault Niagara concept car, which heralds a future production model due to be launched outside Europe in 2027.

It is worth mentioning that the Renault Kardian is mainly developed for the South American market and is expected to be launched in Brazil first, based on the CMF modular platform.

The Kardian features split headlights, thick front and rear bumpers and Renault’s signature double-layered grille; the taillights feature a C-shaped design, and higher-spec versions come with alloy wheels, roof rails, a shark fin antenna and additional chrome parts.

The new car is equipped with an 8-inch central control screen and a four-spoke steering wheel. It is equipped with a new 1.0L turbo gasoline engine, matched with a six-speed DCT automatic transmission, with a maximum power of 125 horsepower and a peak torque of 220 Nm.

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The post The Renault Kardian model has been released and will be launched next year appeared first on TechGoing.

As part of its strategic transformation for 2021, the French automaker is focusing on Europe’s most lucrative segments — electric cars and compact models.

Having lost Russia, the group’s second-largest market, Renault is now heavily reliant on Europe. nearly 69% of Renault’s sales in the first nine months of 2023 came from Europe, up from 63% in the same period a year ago.

Fabrice Cambolive, chief executive of the Renault brand, said: “With our product renewal bearing fruit in Europe, we now want to make the Renault brand more global and more profitable.

Renault also said that by 2027, electric and hybrid vehicles should account for one-third of sales outside Europe.

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Geekwills is an online shop that connects consumers with millions of products and brands around the world with the mission to empower them to live their best lives. Geekwills is committed to offering the most affordable quality products to enable consumers and sellers to fulfill their dreams in an inclusive environment.

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