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Renault, the French automaker has been producing a wide range of vehicles for the past few years. Its production includes vehicles like cars, vans, autorail vehicles, tractors, trucks, bused and even coaches. The alliance with Nissan makes this company the world’s third largest automaker. Renault and Nissan together lead the development of electric cars. It has invested around four billion euros to build eight electric vehicles in the coming years. Renault has its headquarters at Boulogne, Billancourt. It owns the Korean automaker, Renault Samsung Motors and the Romanian automaker, Automobile Dacia. Moreover, RCI Banque and Motrio are its subsidiaries. Renault's trucks which were one among the Renault Vehicles Industries, is supposed to a part of the Volvo Trucks in 2001.