Groupe Renault - 2020 Universal Registration Document

51 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020 01 OVERVIEW OF RENAULT AND THE GROUP GROUPE RENAULT GROUPE RENAULT: A COMPANY THAT ACTS RESPONSIBLY CORPORATE GOVERNANCE FINANCIAL STATEMENTS RENAULT AND ITS SHAREHOLDERS ANNUAL GENERAL MEETING OF RENAULT ON APRIL 23, 2021 ADDITIONAL INFORMATION Alliance Ventures Created in January 2018, Alliance Ventures is a strategic venture capital fund operated by the Renault-Nissan-Mitsubishi Alliance. The fund, which was launched in 2018 with an initial investment of $200 million, is located in Amsterdam, Paris, Yokohama, Beijing, Tel Aviv and Silicon Valley, where it targets innovative technologies and economic models in the fields of new mobility, autonomous driving, connected services, electric vehicles and “Enterprise 2.0”. By leveraging the business expertise and opportunities of one of the world’s largest automotive alliance, Alliance Ventures targets strategic investments in start-ups developing disruptive technologies or businesses. Alliance Ventures has announced investments in a dozen start-ups, including most recently: K•Upstream Security, (ISR) a cybersecurity player and developer of P C4, a cloud-based cybersecurity platform aimed at new mobility players and carmakers to protect fleets from remote hacking and attempts at fraudulent use; Otonomo, (ISR) a vehicle data marketplace that connects P data-consuming companies with historical or real-time data from data providers and enables vehicle manufacturers to generate new types of revenue by monetizing data on the platform. Renault Venture Capital In July 2017, a company was created with an initial capital allocation of €20 million, a wholly-owned subsidiary of Renault whose purpose is to acquire minority stakes in start-ups. RVC aims to promote Renault’s embrace of open innovation and to create links with emerging businesses in the future fields of automotive products and services. This activity, which is an ideal complement to Research and Development carried out internally, create an image of proactivity focused on open innovation and joint development and will allow faster decision-making. In 2019, RVC accordingly financed the launch of a Renault “GeoTwin” spin-off, which hopes to develop a multi-agent urban mobility platform designed to help urban communities and mobility stakeholders to plan and scale their mobility offers to make transportation in cities smoother for users. Three other companies also joined the RVC portfolio in 2019: Devialet, (FR, high-end sound technology), AVSimulation, (FR, virtual driving simulation) and Propheese, (FR, Neurovision image technology). RVC strengthened its commitment to the start-up Jedlix (NL), which has a solution unique in Europe to directly control the charging of vehicles without using electronic charging stations. RVC did not acquire any new shareholdings in 2020. Light commercial vehicles Renault manages several agreements with Opel, Nissan, Renault Trucks, Daimler and Fiat. In the compact van segment: in 2014, Renault signed a cooperation agreement with Fiat for the manufacturing at the Sandouville plant of a compact van developed by Renault based on the TRAFIC, the TALENTO. Production and sale of the vehicle began in 2016. Under the Renault-Nissan alliance, an agreement was signed with Nissan for the manufacturing at the Sandouville plant of a compact van developed by Renault based on the TRAFIC, the NV300. Production and sale of the vehicle began in 2016. Also within the framework of the Alliance, a version of the TRAFIC for Australia and New Zealand for Mitsubishi was launched in June 2020. In the heavy van segment, production of the MASTER and the Opel/Vauxhall MOVANO started at the Batilly plant in 2010. Movano was sold to Opel/Vauxhall as part of a commercial agreement signed at the end of 2007. The MASTER is also distributed by the Renault Trucks network under the terms of a sales agreement entered into in 2009. Under the Renault-Nissan alliance, an agreement was signed with Nissan for the manufacturing at the Batilly plant of a van developed by Renault based on the MASTER, the NV400. Production and sale of the vehicle began in 2011. In the van segment, as part of the strategic cooperation between the Renault-Nissan alliance and Daimler announced in 2010, Renault has developed Mercedes-Benz’s new urban light commercial vehicle, the KANGOO-based CITAN. It is manufactured in the Maubeuge plant and has been marketed by Mercedes since 2012. In 2019 and 2020, the agreements between Renault and Daimler were renewed and extended for the manufacture in Maubeuge of its successor and its electric version based on the new KANGOO. It will be marketed under the names CITAN (van) and T-CLASS (passenger). Under the Renault-Nissan alliance, an agreement was signed with Nissan for the manufacturing at the Maubeuge plant of a small van developed by Renault based on the KANGOO, the NV250. Production and sale of the vehicle began in late 2019 to replace the NV200. In the pick-up segment, in the context of the Renault-Nissan alliance, Renault signed an agreement with Nissan in 2015 for the development and production of a Renault pick-up, the ALASKAN, based on the Nissan NP300. This vehicle is produced in the Nissan plant in Cuernavaca, Mexico, and was launched commercially in Colombia in 2016. Since 2017, the vehicle has also been manufactured in the Nissan plant in Barcelona (Spain) and marketed in Europe under the name ALASKAN. It is also made in the Santa Isabel plant (Argentina) for Nissan, and was launched commercially on the Argentinian market under the name ALASKAN in November 2020.