{"id":18695,"date":"2024-07-09T09:24:35","date_gmt":"2024-07-09T01:24:35","guid":{"rendered":"https:\/\/battery9999.com\/en\/?p=18695"},"modified":"2024-07-09T09:24:35","modified_gmt":"2024-07-09T01:24:35","slug":"renault-vows-to-lower-ev-battery-costs-20-with-new-process","status":"publish","type":"post","link":"https:\/\/battery9999.com\/en\/renault-vows-to-lower-ev-battery-costs-20-with-new-process\/","title":{"rendered":"Renault Vows to Lower EV Battery Costs 20% With New Process"},"content":{"rendered":"

2024\u5e747\u67081\u65e5<\/p>\n

\"\"<\/p>\n

Renault SA\u00a0pledged to reduce its battery costs by around 20%, in a bid to remain competitive by adopting a cheaper cell chemistry and new production processes for electric vehicle components.<\/p>\n

Renault\u2019s Ampere unit will integrate lithium iron phosphate, or LFP, cells in its EV platform alongside the nickel cobalt manganese process it uses now, the company said in a statement Monday. Ampere will also work with South Korea\u2019s\u00a0LG Energy Solution<\/a>\u00a0on battery systems to extend their range.<\/p>\n

The new approach will lower Renault\u2019s costs to supply batteries for its vehicles from the beginning of 2026, the company said. It\u2019s part of a broader effort to improve profit margins by centralizing suppliers and other moves. Getting costs down will help the French carmaker keep pace with an industry shift toward cheaper car batteries that\u2019s putting pressure on automakers that, like Renault, use costlier NCM chemistry.<\/p>\n

Renault said it is also working with its partners to stand up a \u201cvalue chain\u201d of EV suppliers in Europe. China\u2019s\u00a0Contemporary Amperex Technology Co.<\/a>\u00a0will provide LFP cells from Hungary while LG will work from Poland on cell-to-pack technology, which uses a pouch-type system to squeeze more battery cells into a given space. Other Ampere partners have facilities in France.<\/p>\n

European automakers are struggling to compete with cheap models from China, even as the European Union\u00a0imposes<\/a>\u00a0new tariffs to slow their advance. Volkswagen AG in\u00a0May<\/a>\u00a0decided to develop electric cars priced at \u20ac20,000 in Europe on its own, forgoing partnerships.<\/p>\n

Renault earlier this year\u00a0abandoned plans<\/a>\u00a0for an initial public offering of the Ampere unit after investor appetite cooled because of slowing EV demand and aggressive price cuts by\u00a0Tesla Inc.<\/a><\/p>\n

Renault Chief Executive Officer\u00a0Luca de Meo\u00a0has also pursued partners to share the cost of developing a platform for more affordable EVs. Renault and VW held early talks, but Europe\u2019s biggest carmaker instead announced a plan last week to invest \u20ac5 billion ($5.4 billion) in a venture with EV manufacturer\u00a0Rivian Automotive Inc.<\/a><\/p>\n

Read More:\u00a0VW Latches Onto Rivian in $5 Billion EV Pact to Regain Momentum<\/a><\/p>\n

Carmakers are also reworking some of their electric strategies to account for a slower-than-expected shift to EVs, which remain out of reach for many consumers. This ranges from VW\u2019s deal with Rivian, granting access to advanced battery and software technology, to changing course on battery projects.<\/p>\n

Automotive Cells Co.<\/a>, owned by Mercedes, Stellantis and TotalEnergies, last month\u00a0paused<\/a>\u00a0two of their three projects, expected to cost \u20ac7 billion in total. The companies are weighing a pivot to making cheaper cells in light of slowing demand. VW has said it\u00a0may push out<\/a>\u00a0the timing for reaching full capacity for its \u20ac20 billion battery plan in Europe.<\/p>\n

Source:Renault Vows to Lower EV Battery Costs 20% With New Process – Bloomberg<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

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