To advance road safety, the LAB, formed in 1969 by Groupe PSA and Groupe Renault, analyzes accidents and human behavior. It decreases road fatalities and guides future automotive safety technologies.

Renault Group

PSA Group

To expand automotive options, Zoomcar introduces Renault Kwid into its fleet, offering it at a monthly subscription of Rs 14,999. Plans include adding 1,000 Renault cars nationwide by next year.

Electrifying passenger and commercial travel

EV Economy

Zoomcar

Companies developing battery electric cars, SUVs, and pickup trucks

To enhance technical capabilities and customer service, Groupe Renault expands collaboration with BP and Castrol. Extending Formula 1 partnership and appointing Castrol as global service fill engine oil lubricants partner.

Castrol

To secure a significant presence in China's EV market, Renault acquired 50% of JMEV

JMEV

To reintroduce Renault vehicles into Nigeria, Coscharis Motor will produce Logan and Duster models locally starting this month, following a strategic move to enhance the automobile industry.

Coscharis Motors

To transition towards sustainable mobility, WWF France and Groupe Renault collaborate on electric and shared mobility initiatives, integrating renewable energies. The partnership aims to analyze, replicate, and scale these solutions for broader adoption.

Riding together toward a sustainable future

Shared Mobility

Short-term car rental platforms, often in the form of a marketplace, that allow users to rent a car by the hour, on-demand.

To foster automotive innovation, Renault and Nissan launched the Alliance Innovation Lab Tel Aviv, aiming to collaborate with Israeli startups in autonomous driving, The facility will be a hub for the development of sensors for autonomous driving, cybersecurity, and big data

Autonomous and connected technologies shaping the future of the auto industry

Auto Tech

Nissan Motor

Companies developing LiDAR and other sensors for autonomous passenger vehicles and to improve driver safety

To enhance travel convenience, SNCF launches "Mon Chauffeur" with Groupe Renault & Karhoo. The service compares taxi and VTC offers, offering seamless door-to-door journeys for TGV INOUI customers, starting in 2019.

SNCF

Karhoo

To innovate in mobility services within shopping centers, Groupe Renault and Klépierre join forces, offering digital car-sharing and electric vehicle charging solutions, enhancing local presence and environmental commitments.

Klepierre

To facilitate vehicle ownership for drivers, Taxify, in collaboration with Renault Kenya and Stanbic Bank, offers 100% financing with 0% deposit, 36-month repayment, and discounts, aiming to expand its fleet and attract users.

Taxify

CfC Stanbic Bank

<div>
 
 Ionic Materials (Ionic) has developed a solid polymer that conducts ions at room temperature. Ionic states that its proprietary solution not only beats other solid polymers (that are being developed) in terms of conductivity at all temperatures, but its conductive power also exceeds traditional liquid electrolytes across a range of temperatures (including at room temperature).&nbsp;
 
 
 Ionic&rsquo;s highly conductive polymer allows higher energy density materials (such as lithium metal anodes and sulfur cathodes) to be incorporated into battery production, which could significantly improve battery performance. This is not possible with low-conductive solid polymers or liquid electrolytes. As of November 2023, the company was yet to commercialize its technology.
 
 
 In 
 <a href="https://ionicmaterials.com/ionic-materials-acquires-iqlp-3/">
 July 2022,
 </a>
 Ionic acquired iQLP, a supplier of LCP-based formulations for automotive, telecom, mobile, and semiconductor applications.
 
 
 Key customers and partnerships
 
 
 In September 2019, A123 Systems, a lithium-ion battery subsidiary of the Chinese conglomerate Wanxiang Group Corporation, announced that it was working with Ionic to bring a new solid-state battery to the market.&nbsp;
 
 
 In 
 <a href="https://ionicmaterials.com/ionic-materials-and-doosan-co-sign-pre-commercial-agreement-to-advance-next-generation-materials-through-technology-partnership/">
 April 2023
 </a>
 , Ionic signed a joint development agreement with Doosan Corp, a South Korean multinational conglomerate, to develop advanced functional materials using liquid crystal polymers (LCP) that will enable the development of next-generation flexible copper clad laminates (FCCL).
 
 
 &nbsp;Funding and financials
 
 
 Ionic&rsquo;s most recent funding was in February 2018, when it raised USD 65 million in a Series C round.
 
 
 
</div>

Reinventing how computers think based on biological neural networks

Neuromorphic Computing

Prophesee is a Paris-based company that has developed advanced neuromorphic vision systems using patented sensor design and AI algorithms. Founded in 2014, Prophesee's technology is inspired by human vision and mimics how the eye and brain work to reveal what was previously invisible using standard frame-based camera technology. At the core of Prophesee's innovation is its event-based vision approach, which is fundamentally different from traditional image sensors. Instead of capturing entire frames at fixed intervals, Prophesee's Metavision sensors have pixels that independently and asynchronously detect and transmit changes in the scene, resulting in a continuous stream of information with microsecond precision.
This event-based approach offers several key advantages, including ultra-low latency, high dynamic range (>120 dB), and significantly reduced power consumption and data processing requirements compared to conventional frame-based systems. Prophesee's technology enables high-speed vision capabilities of over 10,000 fps equivalent temporal precision while consuming less than 10mW of power. The company's neuromorphic vision systems have applications across various industries, including autonomous vehicles, industrial automation, IoT, security and surveillance, mobile devices, and augmented/virtual reality.
Prophesee has developed both hardware and software products. Its hardware offerings include event-based vision sensors and cameras, with the latest being the GenX320 Event-based Metavision sensor launched in October 2023. This 320x320 pixel sensor is designed for edge applications like AR/VR headsets, eye tracking, and IoT devices. On the software side, Prophesee offers the Metavision Intelligence Suite, which provides a comprehensive toolkit for developers to work with event-based vision data.
Key customers and partnerships
Prophesee has established partnerships with several major technology companies to accelerate the adoption of its neuromorphic vision technology. In 2022, Prophesee announced a collaboration with Sony to develop a next-generation HD vision sensor combining Sony's CMOS image sensor technology with Prophesee's Metavision sensing technology. The company also partnered with Qualcomm in March 2023 to integrate its event-based vision technology into Qualcomm's Snapdragon mobile platforms, aiming to enhance smartphone camera performance, particularly in fast-moving scenes and low-light conditions.
In the industrial sector, Prophesee has formed commercial partnerships with leading machine vision suppliers such as Lucid, Framos, Imago, and Century Arks. The company has also collaborated with BrainChip to combine their technologies for high-performance and low-power edge AI vision applications. Additionally, Prophesee has worked with companies in the AR/VR space, including a partnership announced in 2023 with Ultraleap and TCL RayNeo to develop low-power tracking technology for AR glasses.

The Future Is NEUTRAL goal is to assist the automobile industry in becoming neutral in terms of its impact on specific natural resources needed to construct new cars.

GIREVE is contributing to the emergence of an open market for electric mobility services that accompanies the development of this type of soft mobility.

Verkor is a battery cell manufacturer whose goal is to increase the production of low-carbon batteries to fulfill the growing demand for electric vehicles. The company focuses on the development of low-carbon batteries with a carbon footprint that is many times smaller than standard batteries. This reduces the logistics footprint, including emissions, and provides businesses with batteries that are very inexpensive and use carbon-free electricity.

Founded in 2010, EIT InnoEnergy is the leading innovation engine in Sustainable Energy. With offices in Europe and US, the firm seeks to make equity minority investments in early-stage companies and through added value services make the business case bigger, sooner and safer (de-risking). Investment scope: climate tech and energy sectors.

WHYLOT is a French SME founded in 2011 by Dr. Romain RAVAUD, its current CEO. The company is located in the southwestern part of France in Cambes, a town in the ''Lot'' department. The company specializes in the development of various products in the technical field of electromagnetism : miniature electric motors, magnetic coupling, actuator and electromagnetic actuator.  WHYLOT innovates by proposing new magnetic circuit topologies  that lead to ultra-compact and super-light  electric motors and  magnetic actuators. Until now, WHYLOT R & D has patented 26 innovations concerning these products and remains on this PI aspect of the company more active in its field of research.

Akoustic Arts keeps on innovating in sound strategy by developing leading technologies and services.

Prophesee is the inventor of the world’s most advanced neuromorphic vision systems. Prophesee’s patented sensors and AI algorithms, introduce a new computer vision paradigm based on how the human eye and brain work. Like the human vision, it sees events: essential, motion information in the scene, not a succession of images. This Metavision® method allows for unprecedented speed (>10 000fps time resolution equivalent), dynamic range (>120dB), data volume (10x to 1000x less) and power efficiency (<10 mW). Prophesee bio-inspired revolution opens a new path to absolute efficiency and safety in autonomous driving, Mobile, IoT and Industry 4.0. Prophesee was founded within iBionext Start-up Studio (Paris) in 2014 by Ryad Benosman, Bernard Gilly, Christoph Posch and Luca Verre. The quartet brings a strong combination of experience in image sensing, neuromorphic computing, VLSI design, entrepreneurship and business development. Prophesee is based in Paris, with local offices in Grenoble, Shanghai, Tokyo and Silicon Valley. The company is driven by a team of more than 100 visionary engineers, holds more than 50 international patents and is backed by leading international equity and corporate investors including 360 Capital Partners, European Investment Bank, iBionext, Inno-Chip, Intel Capital, Renault Group, Robert Bosch Venture Capital, Sinovation, Supernova Invest, Xiaomi.

Ionic Materials technology team has extensive experience in polymer science, electrochemistry and battery science and they are further supported by leading experts from academia and industry.  Ionic’s polymer electrolyte represents a major breakthrough in battery technology. By enabling the creation of batteries that are safer, cheaper, and higher performance than the current state-of-the-art, Ionic’s polymer electrolyte shatters the traditional battery design paradigm, under which safety, cost, and performance must generally be traded off against one another. They are excited to bring this technology to market with core partners in the battery industry.

Challenge Media Group is a provider of application development, SEO, and custom content management services.

Jedlix is a smart charging service provider for electric vehicles. The company develops and operates a Vehicle-to-Grid Integration (VGI) platform to optimize the charging and discharging of electric vehicles and facilitate their insertion into the power grid at scale.

Shenyang Brilliance JinBei Automobile manufactures light vehicles/minibuses, passenger cars, and multifunctional business vehicles. The company also manufactures and sells vehicle engines and spare parts. It serves customers through dealers in China.

Devialet is an audio tech company that offers solutions ranging from ADH intelligence to sound amplification. The company's mission is to make Devialet audio technology universal. It has developed a pair of wireless earbuds called Gemini.  The company was founded in 2007 and is based in Paris, Ile-de-France.

Renault which has been making cars since 1898, is present in 134 countries and has sold 3.9 million vehicles in 2018. To meet the major technological challenges of the future while continuing to pursue their profitable growth strategy, they are focusing on international expansion and drawing on the synergies of their five brands: Renault, Dacia, Renault Samsung Motors, Alpine and LADA.

<div> Renault which has been making cars since 1898, is present in 134 countries and has sold 3.9 million vehicles in 2018. To meet the major technological challenges of the future while continuing to pursue their profitable growth strategy, they are focusing on international expansion and drawing on the synergies of their five brands: Renault, Dacia, Renault Samsung Motors, Alpine and LADA. </div>

Renault Group's employee share ownership plan 2024: strong growth momentum

ANALYST_QUICK_TAKE

INCUMBENTS_PRESENT

PROMINENT_CATEGORY

<div>
 AI-based voice assistant technology developer, Cerence, has extended its partnership with Renault to further develop Renault's in-car avatar, "Reno," with GenAI capabilities. This is implemented using Cerence Chat Pro, an automotive-grade LLM which encompasses conversational interactions and responses powered by ChatGPT.
 The improved system introduces neural text-to-speech capabilities, allowing Reno to express various emotions and proactively recommend driving performance enhancements. Reno, after being launched in Renault 5 E-Tech electric in September 2024, is set to be available in Renault 4 E-Tech electric in 2025. Reno uses car data and sensors to deliver accurate information about vehicle features and functions from Renault sources through Cerence Car Knowledge.
</div> Analyst QuickTake: 
 The automotive industry has witnessed an increasing discourse surrounding the possibilities of incorporating GenAI technologies. Cerence has partnered with companies like <a href="https: 
//sp-edge.com/updates/30706"> Volkswagen, </a> <a href="https: 
//sp-edge.com/updates/30914"> Audi </a> <a href="https: 
//sp-edge.com/updates/30076"> , </a> <a href="https: 
//sp-edge.com/updates/32058"> Smart </a> , and <a href="https: 
//sp-edge.com/updates/33693"> Škoda </a> to incorporate GenAI-based voice assistant features in their respective vehicles. Furthermore, Continental and General Motors (GM) partnered with Google Cloud <a href="https: 
//sp-edge.com/updates/21512"> in September </a> and <a href="https: 
//sp-edge.com/updates/21380"> August 2023 </a> , respectively, to bring GenAI technologies to the automotive industry. GM also announced that it was exploring using ChatGPT (in partnership with Microsoft, an investor in OpenAI) <a href="https: 
//www.cnbc.com/2023/03/10/gm-explores-using-chatgpt-in-vehicles.html"> in March 2023 </a> to improve vehicle user experience. Mercedes-Benz partnered with Microsoft <a href="https: 
//sp-edge.com/updates/19470"> in June 2023 </a> to test in-car ChatGPT AI on vehicles.

Renault Group

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