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Renault's EV unit Ampere to bet on LFP technology for EV batteries

Channel News Asia LogoChannel News Asia2d ago

Renault's EV unit Ampere to bet on LFP technology for EV batteries - Channel News Asia

Quick Summary:

PARIS : Renault's EV unit Ampere on Monday said it would include the lithium iron phosphate (LFP) technology in its plans to mass produce electric vehicles, teaming up with suppliers LG Energy Solutions and CATL to build a supply chain in Europe.

The company also pledged to work towards the development of so-called Cell-to-Pack battery solutions, aimed at boosting the range of its electric cars, together with LG Energy Solutions.

Western Automakers are under pressure to expand their range of chemical battery technologies to meet the needs of all market segments amid fierce competition from their often cheaper Chinese rivals.


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Article Details

Category: EconomyBusiness

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-01 @ 23:55:08 (2 days ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 220 words

Reading Time: 2 minutes read

Sentences: 8 lines

Sentence Length: 28 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Channel News Asia

News ID: 21446295

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About Channel News Asia

Channel News Asia Logo

Main Topics: EconomyBusiness

Official Website: channelnewsasia.com

Update Frequency: 36 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 2 hours ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Local / Regional

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #27

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