Renault could change its strategy for its electric car batteries by choosing cheaper models made by Korean companies. This choice could make it possible to sell electric cars at a lower price, but they could also have less range.
According to sources, Renault is preparing to announce a significant change in its battery supply. By choosing cheaper batteries manufactured by Korean companies for its factories in Douai in 59, the manufacturer perhaps wants to make its cars electric more affordable. This choice could be a sign that the French brand is seeking to adapt to the new expectations of its users, who are looking for models that are certainly ecological, but also economic.
Renault thus chooses to turn towards lithium iron phosphate (LFP) batteries to reduce its costs. These batteries, although they offer better value for money, they have a lower energy density than previously used nickel-manganese-cobalt (NMC) batteries. This means that although they are cheaper, these batteries can store less energy, resulting in a reduced autonomy equal size.
Renault could prepare new models equipped with LFP batteries
Currently, Renault uses NMC batteries in its flagship models like the Zoe formerly, and the new electric R5. They offer greater autonomy and performance, which is especially an advantage compared to LFP batteries in small vehicles. The latter are already in service in models like the electric Twingo or the Citroën ë-C3, which target users who are looking less for performance and more for accessibility.
Although LFP batteries are more economical, they are unlikely to replace NMC batteries in models like the electric R5, where performance and range are essential. However, it is possible that Renault will use these batteries in vehicles designed for short urban journeys or some entry-level models where expectations of autonomy are more moderate.
In addition, however, Renault could use these batteries in larger vehicles. We imagine entry-level models where the additional space would allow the installation of largest LFP batteries without compromising autonomy. Considering their use in models such as an SUV or a minivan could offer an interesting economical alternative for families or professionals.
Source: Les Echos