Renault’s EV unit Ampere to bet on LFP technology for EV batteries
PARIS : Renault’s EV unit Ampere on Monday stated it would encompass the lithium iron phosphate (LFP) technology in its plans to mass fabricate electrical autos, teaming up with suppliers LG Vitality Alternate strategies and CATL to assemble a present chain in Europe.
Western Automakers are below stress to enjoy bigger their differ of chemical battery technologies to meet the needs of all market segments amid fierce competition from their in most cases more cost effective Chinese rivals.
“This decision is a neutral right and chopping-edge response to market volatility and commerce in technologies,” Ampere stated in a assertion, adding that LFP batteries will equip “lots of” models of Renault and Alpine brands over the next years.
The firm moreover pledged to work in direction of the pattern of so-called Cell-to-Pack battery alternatives, geared in direction of boosting the differ of its electrical autos, alongside with LG Vitality Alternate strategies.
Source: Reuters