Groupe Renault - 2020 Universal Registration Document

52 GROUPE RENAULT I UNIVERSAL REGISTRATION DOCUMENT 2020 Find out more at group.renault.com 01 OVERVIEW OF RENAULT AND THE GROUP GROUPE RENAULT Accelerating international expansion Various agreements have been signed with local partners (manufacturers and local authorities). In Turkey Groupe Renault and Oyak, Turkey’s largest professional pension fund, have renewed their partnership. Both shareholders of MAIS and Oyak Renault have declared that they will continue their cooperation for another 27 years, signing a new shareholder agreement and new side agreements on June 26, 2018. This contract governs the largest cooperation ever in the Turkish car industry and covers Groupe Renault’s industrial and commercial activities in Turkey. Oyak Renault will continue to play a key role in Groupe Renault’s industrial operations for the production and export of vehicles, engines and transmissions. MAIS will continue to manage sales and after-sales operations for vehicles, spare parts and services for the Renault and Dacia brands. These agreements have not changed the distribution of the shareholders’ ownership of each of the entities (MAIS: 51% Oyak Group – 49% Groupe Renault; Oyak Renault: 51% Groupe Renault, 49% Oyak Group). In China Renault ended its cooperation with the Dongfeng Group in April 2020. It sold its shares in DRAC (Dongfeng Renault Automotive Company), which has ceased activities related to the Renault brand. Renault Brilliance Jinbei Automotive Company (RBJAC), a joint venture with CBA (China Automotive Holding Limited) since December 2017, is 49% owned by Renault and markets a range of light commercial vehicles under the Jinbei brand. RBJAC is located in Shenyang, the capital of Liaoning Province. eGT was created in September 2017 by Renault (25%), Nissan (25%) and Dongfeng (50%). The company is based in Shiyan (Hubei Province) and is dedicated to the development of the K-ZE (China)/SPRING (Europe). The first vehicles destined for Europe rolled off the production line at the end of 2020. In April 2019, Renault and Nissan also created a new jointly-owned (50/50) innovation platform in Shanghai called Alliance Innovation Lab Shanghai (AIL-SH). The company is responsible for research and development in connected and autonomous vehicles. Finally, Renault opened a design center in Shanghai. In July 2019, Renault and Jiangling Motors Corporation Group (JMCG) announced the creation of a joint venture (JMEV) to promote the growth of the electric vehicle industry in China. This company sells vehicles in China under the EV Easy brand and will be able to export outside China from the end of 2021. JMEV is located in Nanchang, the capital of Jiangxi Province. In India In Chennai, the Alliance continues to build its joint production site with Nissan JV (RNAIPL). Production began in 2010. Currently, the DUSTER, KWID and, since August 2019, the new TRIBER vehicle are produced there for Renault. In 2020, Renault sold 80,000 vehicles. Renault also exports models made in India to Sri Lanka, Nepal, Bhutan and Bangladesh with the support of local importers in those countries. In the same region, the joint venture between Renault and Nissan, RNTBCI, has provided engineering, computer, purchasing and accounting services for all of the entities in the Alliance around the world since 2008. A significant part of its services are performed on behalf of the entities of the Alliance in India, thus contributing to the commercial development of the Alliance in that country. In Iran Renault maintains its presence in strict compliance with the legal restrictions set by international regulations for the country. As a result, Renault decided to drastically limit its activities in Iran. Accordingly, deliveries of KD parts to Iran ceased on August 6, 2018 and Renault Pars limited its activities to after-sales. The Iranian business was taken out of the Group’s consolidated scope in 2013. In South Africa Following the cooperation agreement signed with Nissan, the LOGAN Pick-up is assembled locally in Nissan’s Rosslyn factory since 2009. The NP200 LOGAN Pick-up is marketed under the Nissan brand. Since December 2013, Renault South Africa (RSA) has been 40% owned by Renault s.a.s and 60% by Motus. Motus is the new company created at the end of 2017 to bring all Automotive activities of the Imperial Group, Renault’s long-standing commercial partner in the country, together under one roof. This partnership enabled the acceleration of Groupe Renault’s expansion in that country from a 3.0% market share in 2014 to a 4.6% share in 2020. In 2020, the TRIBER was launched on the market. Renault sales in South Africa reached 16,600 vehicles. In Algeria The Oran plant is managed by Renault Algérie Production, a partnership between Renault (49%), the SNVI (Société Nationale des Véhicules Industriels, 34%) and the FNI (Fonds National d’Investissement, 17%). The plant has been idle since January 2020.