RENAULT EV
Renault's EV unit Ampere teams up with LGES, CATL on battery technology
The company also pledged to work towards the development of so-called cell-to-pack battery solutions aimed at boosting the range of its EVs, together with South Korea's LGES. In a separate statement, LGES said early on Tuesday it had signed a deal to supply 39 gigawatt hours of LFP pouch-type batteries to Renault to power about 590,000 vehicles, adding the battery cells would be produced in Poland.
EU electric car sales drop in May as German demand slumps, industry says
Sales of new battery-electric cars in the EU dropped 12% in May, led by a 30% plunge in Germany. The EU imposed provisional duties on China-made EVs, affecting Tesla's Model 3 price. Elon Musk's company recorded a 34.2% drop in May sales.
Renault reveals Alpine electric A290, sets sights on sporty EVs for profit boost
Renault presented the first electric sports car under its Alpine sports brand to compete with Chinese rivals and capture a share in the growing premium EV market.
How electric car batteries might aid the grid (and win over drivers)
New technology could transform expensive electric car batteries into assets for owners, offering benefits like reduced utility bills and free parking. Automakers like Ford, GM, and BMW are exploring using electric car batteries to store excess renewable energy, creating a potential new revenue stream.
Renault, Geely create joint venture for hybrid, combustion engines
Renault and Geely's joint venture, HORSE Powertrain, aims to develop combustion and hybrid engines, bolstering competitiveness and addressing decarbonization challenges. With anticipated annual revenue of 15 billion euros and a production target of five million units. The venture, led by Matias Giannini as CEO and Daniel Li as chairman, signifies both companies' strategic partnership efforts.
Volkswagen and Renault pull plug on electric Twingo, Renault says
Volkswagen has abandoned discussions with Renault on collaborating to create a low-cost electric car, Twingo. The move hampers EU automakers' attempts to compete against Chinese counterparts with more economical vehicles. As a result, Volkswagen will pursue independent development of its budget-friendly EV, while Renault presses on with its electric Twingo slated for a 2026 release.
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Investments made in creating plant and machinery to qualify for sops under new EV policy
SMEC is aimed at incentivising investments in setting up electric vehicle (EV) manufacturing capacity by lowering import duties on a select number of cars. Under the new EV policy, announced in March 2024, beneficiaries need to invest $ 500 million for setting up electric car manufacturing facilities. They also need to comply with up to 50% minimum domestic value addition commitment.
Tesla 'silent'; yet to communicate its India plans: Official
American tech billionaire Elon Musk, who was scheduled to visit India on April 21-22, had postponed his visit at the last moment citing "very heavy Tesla obligations".
Automakers hope for a cut as two-way EV charging becomes real
Automakers and utilities are gearing up for V2G technology, enabling EV owners to sell power back to grids. Major players like GM, Ford, Volkswagen, and Nuvve are actively involved in this evolving landscape of bidirectional charging.
Tesla advisor joins India’s first consultative meeting on new EV policy
According to multiple people who were part of the meeting, the representative from The Asia Group did not make any comments during the consultative meeting and maintained he was there as ‘an observer’. The meeting comes days ahead of Tesla chief Elon Musk’s visit to India.
Nissan will invest in Renault's Ampere in pursuit of global EV roadmap: CEO
Nissan, in December, had confirmed it would invest 600 million euros ($650 million) in Renault's EV business Ampere, listing plans for which the French car-maker ditched earlier this year because of sluggish stock market conditions.
Renault in advanced talks with partners to recycle batteries, says executive
Le constructeur automobile français Renault est en discussions avancées avec des partenaires potentiels pour extraire et recycler le lithium et d'autres métaux des batteries de véhicules électriques usagées. Renault vise à être le premier constructeur européen à recycler les batteries à grande échelle pour réutiliser des matériaux stratégiques.
Nissan to launch 16 EVs in next three years globally, plans to make India a hub for exports
Nissan to introduce three new models in India for exports by 2026. 'The Arc' plan drives competitiveness. Strategic partnerships with Renault and Mitsubishi Motors for global offerings. Manufacturing at Renault Nissan Automotive India Pvt Ltd with 4.8 lakh units annual capacity.
China is charging ahead with EVs. Why is the world worried?
Concerns over China's EV dominance in Western markets are rising, with Chinese automakers like BYD offering cheap electric vehicles that undercut Western prices, leading to fears of a future market takeover. The threat of Chinese EVs has prompted global automakers to join forces and consider manufacturing partnerships to stay competitive.
Tata Punch facelift likely to look like Punch EV. Check leaked details
Tata Motors gears up for the launch of the Tata Punch facelift micro SUV following a string of successful car introductions. Drawing inspiration from the Punch.ev, the facelift boasts design upgrades including LED DRLs and redesigned alloy wheels. Anticipated interior features mirror the Punch EV, while the engine remains unchanged.
Nissan considering partnership with Honda on EVs - sources
Nissan explores Honda partnership on EV parts and "kei cars", sharing architecture with Renault. Investment in Renault's Ampere. Renault forges new alliances with companies like Geely.
Renault wins Car of the Year, unveils new EV at Geneva auto show
Renault unveiled a new electric vehicle on Monday and its Scenic model won the Car of the Year award at the first Geneva auto show since 2019, giving a boost to the French automaker's electrification plans. The Renault Scenic, an electric SUV popular with families, won the coveted Car of the Year prize, the French group's first since 2006.
In China vs Europe EV battle, Renault leads latter's charge
The strong presence of Chinese competitors at the show, which returns this week after a four-year hiatus due to the Covid-19 pandemic, shows "they are interested in our market, in our customers," Renault CEO Luca de Meo said. Speaking to media later, after unveiling Renault's highly-anticipated new electric R5, he insisted Europe's auto industry was "up for the challenge".
New-gen Dacia Spring EV launching globally on Feb 21. Could come to India as Kwid EV
Dacia will launch the new version of Spring EV on February 21. The France-based automaker plans to introduce a Made in India EV by 2027. The new Spring EV is expected to come to India as the Kwid EV. Other upcoming electric cars in India include Maruti Suzuki eVX, Tata Curvv, Skoda Enyaq, Kia EV9, and Mahindra XUV e8.
Renault to continue selling small cars in India "as long as regulations permit"
Renault India Operations Country CEO & Managing Director Venkatram Mamillapalle said, “It is true (right now) the segment is shrinking. But as long as regulations don’t stop us, we will continue to sell the Kwid. We will not exit the segment. Given the traffic situation, small cars with high tech features at affordable prices should be winners, there is no reason why customers will not buy.”
Renault plans five product launches in 3 years; eyes double-digit sales growth this year
Auto manufacturer Renault is planning to launch five new products in the next three years in India. On Tuesday, Renault rolled out five new variants across its three models -- Kwid, Triber and Kiger -- as it looks to expand its customer base. Renew will be a standalone brand offering certified used cars sales and purchase, to both Renault and non-Renault models, the automaker said.
Renault sets out targets for EV unit, says won't sell it cheap
The group set out financial targets for the unit, including an expected break-even in 2025 and an operating margin of at least 10% from 2030, ahead of an investor day where it hopes to drum up support for an initial public offering slated for spring 2024.
Automakers' drive to avoid China's EV rare earth dominance gathers speed
Automakers have mostly relied on motors with rare earth-based permanent magnets, which have been the most efficient at providing the torque to power EVs.
Mitsubishi Motors to invest around 20 billion yen into Renault's new EV company
A decision by Mitsubishi to invest into the EV unit, named Ampere, would come after its partners Renault and Nissan Motor finalised a restructured alliance in July.
Renault to launch atleast two electric vehicles, including Kwid EV, in next 3-4 years: Report
The Kwid EV is already on sale in Europe as the Dacia Spring Electric and is expected to be priced under Rs 10 lakh (ex-showroom). The Euro-spec Spring Electric (Kwid EV) comes with a 26.8 kWh battery that offers a range of 225 km. The EV's electric motor produces 44 horsepower and 125 Nm of peak torque.
Nissan to invest up to 600 mn euro in new Renault EV unit
Nissan and Renault on Wednesday finalised the terms of their revamped alliance, with the Japanese automaker committing to invest up to 600 million euros ($663 million) in its partner's electric vehicle unit Ampere. The agreement to conclude the terms of their overhauled partnership will put the two automakers on more equal footing and caps months of sometimes tense negotiations over issues such as the sharing of future intellectual property.
Renault will launch an EV in 2025: Country CEO & Managing Director, Renault India Operations
Renault has achieved a production milestone of one million vehicles in India, which is attributed to the carmaker's manufacturing plant in Chennai. The facility has an annual production capacity of 480,000 units, and Renault has made notable investments in infrastructure, technology, and talent to achieve this feat. Renault has also revealed plans to launch an electric vehicle and two more cars in India by 2025.
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