(CercleFinance.com) – Renault Group announces that it has signed a letter of intent with the Grenoble-based company Phoenix Mobility, which specializes in the market for converting utility vehicles to electric, with a view to establishing a strategic partnership for the development and commercial exploitation of a retrofit kit, unprecedented in France on the utility vehicle market.
The solution must make it possible to convert a thermal utility vehicle over 5 years old to electric.
A first stage of the partnership, in the form of ‘Proof of Concept’, will consist of a co-development phase with a view to marketing a first retrofit kit for Renault Master from 2023.
The objective of this first stage will be to market and install approximately 1,000 retrofit kits and to demonstrate the benefits of the retrofit approach to professional customers.
Eventually, this innovative solution will be extended to other models, assures the Losange.