Renault’s Future Small Electric Car Prices Will Decrease Thanks to LFP Batteries

Renault's Future Small Electric Car Prices Will Decrease Thanks to LFP Batteries

From 2026 onwards, the new LFP (lithium-iron-phosphate) batteries installed in Renault’s future electric models are expected to significantly reduce prices for the end customer.

In addition to the NMC (nickel-manganese-cobalt) batteries currently powering Renault’s Ampere models, the electric subsidiary of Renault has confirmed its ability to offer LFP (lithium-iron-phosphate) battery option from 2026. This technology of battery cells is designed to reduce costs substantially. Josep Maria Recasens, the operations director of Ampere, stated, “With these batteries, costs will be lower by approximately 20% compared to current batteries. These batteries will play a significant role in achieving the 40% cost reduction goal of our future generation of electric vehicles by 2027-2028.”

The two suppliers selected to produce these LFP batteries for Renault’s electric vehicles are LG Energy Solution and CATL, who will manufacture them in Europe. It is important to note that LFP batteries – known for degraded performance in lower temperatures – are not intended to replace NMC batteries. Philippe Brunet, the director of EV and mechanical engineering at Ampere, emphasized, “Currently, both technologies share 50/50 of the global market. They are complementary. We started with NMC batteries because the need for autonomy was a priority for customers. With NMC batteries, we can offer a Scenic model with 625 km of range with its 87 kWh battery… LFP technology is essential to penetrate lower market segments.”

The goal is to maximize the use of LFP technology in the Renault and Alpine line-up, within the “60 kWh” limit to ensure compatibility with platforms (LFP batteries are heavier and bulkier). The upcoming Twingo model planned for 2026 could potentially be equipped with the new LFP batteries.

In conclusion, Renault’s shift to LFP batteries in their electric vehicles represents a significant step towards reducing costs and enhancing performance for customers. The continued development and integration of this technology will play a crucial role in the electrification of the automotive industry.

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