Renault Expands China R&D with 200 New Hires for EV Development
French automaker Renault has significantly expanded its research and development presence in China by establishing a new base in Shanghai. According to reports citing Bloomberg, the company has already employed approximately 200 hardware engineers and plans to recruit additional software engineers in the near future. This strategic move aims to leverage local technological expertise and secure partnerships for electric vehicle components, particularly focusing on cheaper EV batteries through collaborations with major suppliers like CATL and LG Energy. Francois Provost, Renault’s procurement and partnerships chief, stated that the knowledge gained in China will be integrated into the company’s French teams. Furthermore, Renault is developing its first all-electric model specifically designed in China, with production targeted for late 2025. Although developed in China, this new vehicle is initially intended for manufacture and sale in the European market. This initiative highlights Renault's commitment to adapting to the competitive EV landscape by utilizing China's advanced supply chain and engineering capabilities while maintaining its core market focus in Europe.
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Renault Expands China R&D with 200 New Hires for EV Development
French automaker Renault has significantly expanded its research and development presence in China by establishing a new base in Shanghai. According to reports citing Bloomberg, the company has already employed approximately 200 hardware engineers and plans to recruit additional software engineers in the near future. This strategic move aims to leverage local technological expertise and secure partnerships for electric vehicle components, particularly focusing on cheaper EV batteries through collaborations with major suppliers like CATL and LG Energy. Francois Provost, Renault’s procurement and partnerships chief, stated that the knowledge gained in China will be integrated into the company’s French teams. Furthermore, Renault is developing its first all-electric model specifically designed in China, with production targeted for late 2025. Although developed in China, this new vehicle is initially intended for manufacture and sale in the European market. This initiative highlights Renault's commitment to adapting to the competitive EV landscape by utilizing China's advanced supply chain and engineering capabilities while maintaining its core market focus in Europe.
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