Renault's Ampere will reduce EV battery cost by 20% from 2026

Vlad, 02 July 2024

Renault's electric vehicle production company, Ampere, has announced bold plans to cut the cost of EV batteries it uses by 20% from the beginning of 2026.

This will be achieved through the integration of LFP (Lithium Iron Phosphate) batteries for less expensive small and midsize cars, to complement NCM (Nickel Cobalt Manganese) batteries. The LFP cells will be bought from CATL's plant in Hungary and LG Energy Solution's (LGES) plant in Poland.

Renault's Ampere will reduce EV battery cost by 20% by 2026

Ampere will source NCM batteries from AESC and Verkor in France and LGES in Poland. Thus, the company has a European supply chain for EV batteries, and it's been working with LGES to develop Cell-to-Pack, a "cutting edge innovation" that is a world first for pouch-type batteries, which improves the range of vehicles (or cuts battery cost) by integrating more cells in a given space.

Cell-to-Pack technology will also allow Ampere to reach its goal of having 20% cheaper batteries in 2026. Speaking of 2026, that's when Ampere will use LFP batteries for the first time.

Reader comments

Anonymous

this is true. the biggest issue for me is the end result. they will pay you less but charge the same or nearly the same to the end user/consumer and put the difference into their bank account instead of yours . its not really proportional.

Reply
03 Jul 2024
CS@

Anonymous

western hegemony should be ended.

Reply
02 Jul 2024
N11

Anonymous

I am also paid less than someone in Germany doing the same job in the same company. I don't expect I will get the same wage. 1} there would be no longer a reason to have a subsidiary in my country 2} living standard is lower in my country ...