On Tuesday, Renault and Google announced that they were extending their collaboration on software services for upcoming Renault automobiles, with Google taking over as the French automaker's preferred cloud provider.

According to a statement from Renault Chief Executive Luca de Meo, the relationship with Google would also aid Renault in accelerating its 'end-to-end digital transformation, from the design of the car through its market debut through its manufacture.'

Future automobiles could be built into platforms more akin to smartphones, with billable services and wireless key upgrades, according to automakers and technology companies like Sony, Apple, and Google.

According to AFP, the automaker will pitch investors on its intended green makeover, which includes two spin-offs, on Tuesday. A new EV unit and a subsidiary for thermal and hybrid assets will be announced by Renault. In response to customer concerns about climate change, the market for electric vehicles is anticipated to expand quickly, placing pressure on businesses to provide less polluting products.

According to the report, the European Union decided last month to phase out new CO2-emitting vehicles by 2035. This decision is expected to accelerate the production of electric prototypes on the continent.

Ampere, a split-off that is anticipated to employ about 10,000 people in France and construct electric vehicles in the north, is the company's flagship segment. Although it would still hold the majority of the stock in Ampere, it intends to encourage investment.

Additionally, Renault plans to consolidate its technology, production, and R&D efforts for its internal-combustion and hybrid vehicles in a company dubbed 'Horse.' According to the article, the subsidiary is anticipated to employ 19,000 workers throughout Europe, China, and South America.