Renault SA (Renault) is an automotive company, which designs, manufactures, sells, and distributes passenger cars, light commercial vehicles, and electric vehicles. It also provides various services including sales financing, maintenance, leasing, services contracts, mobility and energy solutions. It markets products under Renault, Dacia, Alpine and Mobilize brands. Renault operates its business through three segments: Automotive, Sales Financing, and Mobility Services. In FY2023, it sold 2,235,345 vehicles including 1,837,751 passenger vehicles and 397,594 light commercial vehicles. In FY2023, the company’s capital expenditure stood at EUR3,064 million, which grew 14.2% YoY.

R&D efforts focus on developing next-generation mobility solutions. It focuses on electric mobility, connected mobility, autonomous mobility, and mobility services. It also collaborates with new players including start-ups and major entities. During FY2023, the company announced the development and renewal of the line-up, particularly Dacia and electric Scenic E-Tech electric and Renault 5 E-Tech. This development resulted in 14.3% increase in research and development expenditure. In FY2023, the company spent EUR2,240million on R&D, which as a percentage of revenue, stood at 4.3%.