PARIS -- Renault plans to introduce an electric vehicle built by one of the group's Chinese joint ventures specifically for ride-hailing services in 2022, CEO Luca de Meo said.
The midsize sedan was first developed by JMEV, a venture with Jingliang Motors in which Renault holds a majority stake. It is known in China as the EZoom Yi and is expected to go on sale in China this year, according to media reports there.
Renault has not released any details on the coming model, which is dubbed the Queen as part of four "cards to play" in the group's new Mobilize mobility brand and business unit. Mobilize, which includes RCI Bank's credit operations as well as services such as short-term rentals or car-sharing and last-mile deliveries, will be led by CFO and deputy CEO Clotilde Delbos.
De Meo says that Mobilize will account for 20 percent of Renault Group's turnover by 2030.
According to Chinese media reports, the Ezoom Yi has a power output of about 150 hp from its electric motor, and a range of 350 to 400 km, a figure confirmed by de Meo. Commentators have taken note that the EZoom logo is diamond-shaped and similar to the Renault "lozenge" logo.
"We redirected the project to make a design-to-purpose vehicle for ride-hailing, like for Didi [the Chinese service] or Uber," de Meo said in an interview with Automotive News Europe. "Our idea is to use that as a perfect solution for these kinds of companies."
"We have been discussing it with some mobility operators and they are very keen' on the vehicle and others proposed by Renault, de Meo said. The remainder of the "cards" range includes the Ace, a two-person vehicle not unlike the Renault Twizy or Seat Minimo concept (de Meo is former CEO of Seat); the King, the Dacia Spring; and the Jack of All Trades, based on the Renault EZ-Flex delivery van concept.
"There will be more ideas in the future, because the segmentation will be different -- you have car-sharing, ride-hailing, one-person vehicles, six-person vehicles, 'last mile,' food deliveries, etc.,” de Meo added.
Renault has sharply scaled back its presence in China after an ambitious plan under former CEO Carlos Ghosn to sell more than 500,000 vehicles there by 2022 fell short. Last year the group halted passenger car sales and dissolved a joint venture with Dongfeng Motor that involved a factory in Wuhan.
The JMEV venture, which was established in 2015, holds a license to produce electric vehicles in China, which is the largest single EV market in the world, with an estimated 1.3 million sales in 2020. That figure that is expected to rise to 1.8 million this year, trade group CAAM said.