Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  Euronext Paris  >  Renault    RNO   FR0000131906

RENAULT

(RNO)
  Report
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsPress ReleasesOfficial PublicationsSector newsMarketScreener StrategiesAnalyst Recommendations

Renault : GROUPE RENAULT INVESTS IN MICRO-MOBILITY WITH NINO ROBOTICS

share with twitter share with LinkedIn share with facebook
share via e-mail
0
12/03/2019 | 03:47am EST
Press releases
Download all now (0)
GROUPE RENAULT INVESTS IN MICRO-MOBILITY WITH NINO ROBOTICS
December 03, 2019

Boulogne-Billancourt, December 3nd, 2019 - The Social and Sustainable Impact Department has today signed a partnership with Nino Robotics, designer of a new type of 'seated, personal transporters' aimed at changing the perception of transport solutions adapted to people with disabilities or of reduced mobility. Through this investment, the Group is pursuing its mission to develop sustainable and accessible mobility solutions for all.

As part of this partnership, Groupe Renault willprovide financial support to Nino Robotics via
Mobilize Invest, an investment company dedicated to projects with a strong social impact in the field of mobility and undertakes to set up a sponsorship scheme through working sessions with its engineers (battery experts, motorization, connectivity, etc.). The objective of this support is to contribute to the development of Nino Robotics and in particular of NINO4, its future electric transporter, to increase production to an industrial scale.

With NINO4, Pierre Bardina, founder of Nino Robotics, intends to offer a solution far removed from those usually offered to people with reduced mobility. In addition to its highly recognizable, sleek and colorful design, as well as its minimal space requirement, this 'seated personal transporter' will also be connected to provide users with data, such as battery charge level, speed and mileage. A 'Follow Me' function will allow a third party to guide NINO4 and its user by auto-follow. To date, Nino Robotics has developed and markets two products: Nino, a self-balanced personal carrier and One, a scooter designed for wheelchairs.

Pierrick Cornet, Alliance Project Director and mentor of Nino Robotics,said:

Electric, connected and accessible to as many people as possible, Nino Robotics' vision of mobility is in line with Groupe Renault's strategy and social commitment. As a mentor, my mission is to connect and enlighten the potential links between Nino Robotics and the automotive world, and to facilitate the sharing of experiences... We deeply appreciate this opportunity to promote exchanges between our teams and Nino Robotics: this meets to the ambition of many employees of the Group, including myself, to get involved in actions with a societal objective.

Pierre Bardina, CEO of de Nino Robotics:

Nino Robotics was created to meet the mobility needs of all those who walk little, badly or not at all. The concept of NINO4 is to create the desire to use a small electric device with a disruptive design. NINO4 is driven by everyone, including seniors, people with disabilities, or anyone with difficulties in their movements or movements, temporarily or permanently. Because Nino Robotics' design significantly improves self-esteem, it has a very strong influence on the socialization of its users and, by rebound, on their morale and health. The machines created by Nino Robotics are social machines, creating mobility, modernity and connection.

About Groupe Renault

Groupe Renault has manufactured cars since 1898. Today it is an international multi-brand group, selling close to 3.9 million vehicles in 134 countries in 2018, with 36 manufacturing sites, 12,700 points of sales and employing more than 180,000 people. To address the major technological challenges of the future, while continuing to pursue its profitable growth strategy, Groupe Renault is focusing on international expansion. To this end, it is drawing on the synergies of its five brands (Renault, Dacia, Renault Samsung Motors, Alpine and LADA), electric vehicles, and its unique alliance with Nissan and Mitsubishi Motors. With a 100% Renault owned team committed to the Formula 1 World Championship since 2016, the brand is involved in motorsports, a real vector for innovation and awareness.

About Nino Robotics

Created in December 2014, Nino Robotics was created to meet the mobility needs of all those who walk little, badly or not at all. A strong design, cutting-edge technologies and ease of use make Nino Robotics products unique mobility solutions. Nino Robotics' mission is to meet a need for mobility, but also to change the way people look at things and make daily travel a unique pleasure.

Nino Robotics has designed and markets 2 products: Nino, a self-balanced personal carrier and One, a scooter designed for wheelchairs. Since its creation, the company has sold more than 400 Nino and 140 One for a total turnover of nearly 2.5 million euros. With NINO4, Nino Robotics takes a turning point by entering the world of MaaS, and micro-mobility.

Disclaimer

Renault SA published this content on 03 December 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 December 2019 08:45:08 UTC

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on RENAULT
01/26RENAULT, NISSAN CHIEF ENGINEERS TO M : sources
RE
01/24LEBANON AND JAPAN HAVE 40 DAYS TO AG : sources
RE
01/24GENTHERM INCORPORATED : Announces Planned Retirement of Chairman Francois J. Cas..
AQ
01/23French investigators to move ahead with Ghosn prosecution over palace party
RE
01/23French investigators to move ahead with Ghosn prosecution over palace party
RE
01/23LUCA DE MEO : Seat's de Meo probably in talks with Renault - CNBC
RE
01/22French anti-corruption agency runs checks on Renault
RE
01/22French anti-corruption agency runs checks on Renault
RE
01/22Renault chairman hopes decision on new CEO is made 'in coming days'
RE
01/22NISSAN MOTOR : Ghosn's right-hand man stands high chance of acquittal in Japan -..
RE
More news
Financials (EUR)
Sales 2019 55 065 M
EBIT 2019 2 753 M
Net income 2019 1 925 M
Finance 2019 2 237 M
Yield 2019 6,11%
P/E ratio 2019 5,15x
P/E ratio 2020 4,20x
EV / Sales2019 0,14x
EV / Sales2020 0,15x
Capitalization 9 712 M
Chart RENAULT
Duration : Period :
Renault Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends RENAULT
Short TermMid-TermLong Term
TrendsBearishBearishBearish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 23
Average target price 48,52  €
Last Close Price 36,27  €
Spread / Highest target 151%
Spread / Average Target 33,8%
Spread / Lowest Target -29,6%
EPS Revisions
Managers
NameTitle
Clotilde Delbos Executive VP, Chief Executive & Financial Officer
Jean-Dominique Senard Chairman
Pascale Sourisse Independent Director
Benoît Ostertag Director
Eric Personne Director
Sector and Competitors
1st jan.Capitalization (M$)
RENAULT-14.01%10 709
TOYOTA MOTOR CORPORATION3.59%200 049
VOLKSWAGEN AG0.73%97 452
DAIMLER AG-11.00%51 834
BMW AG-5.10%49 379
GENERAL MOTORS COMPANY-6.26%49 022