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Renault’s Ampere Unveils Innovative Battery Strategy To Cut EV Battery Costs By 20%

First Models With LFP Technology Are Anticipated To Hit The EV Market By Early 2026

2 min read

By Michael Phoon • July 2, 2024

Ampere EV lineup (Image: Ampere)

Ampere, Renault Group’s electric vehicle (EV) subsidiary, announced an innovative battery strategy aimed at cutting costs and enhancing the competitiveness of its EVs in the European market.

Ampere’s European Battery Value Chain (Image: Ampere)

Ampere’s plan includes the integration of Lithium Iron Phosphate (LFP) technology alongside existing Nickel Cobalt Manganese (NCM) batteries, which is projected to cut battery costs by around 20% starting in early 2026. The company is also collaborating with LG Energy Solution and CATL to establish a European supply chain for LFP technology. This partnership will ensure the provision of LFP batteries for several Renault and Alpine models, which meet the company’s battery needs until 2030.

Moreover, Ampere’s strategy also entails the development of Cell-to-Pack technology, the world’s first for pouch-type batteries in collaboration with LG Energy Solution. As a result, this advancement allows for increased energy capacity and improved EV range by integrating more cells into a given space while simultaneously contributing to cost reduction.

Ampere’s partner Ecosystem Based In Europe (Image: Ampere)

Ampere’s strategy will also involve a diverse network of battery partners including AESC in France, CATL in Hungary, LGES in Poland, and Verkor in France. This multi-faceted approach allows Ampere to accelerate its operations in a rapidly evolving environment while maintaining flexibility in its supply chain according to Ampere.

As part of its goal for innovation, Ampere plans to open an Innovation Battery Cell Laboratory in Lardy, France in 2025. This plant will enable early engagement with partners on future battery technologies.

Josep Maria Recasens, Chief Operating Officer of Ampere, emphasized the efficiency of the company’s approach, stating, “Our battery strategy is proof of the efficiency of Ampere’s open and horizontal approach with best-in-class partners, ensuring smart capital allocation, flexibility, and rapid execution.”

Furthermore, the first models equipped with LFP technology are expected to hit the market by early 2026, marking a major milestone in Ampere’s roadmap to reduce overall costs by 40% before the next generation of vehicles.

As EV adoption grows more gradually than initially anticipated from the industry, automakers are seeking ways to make s more affordable and accessible to a wider range of buyers. With Ampere’s innovative approach to battery technology and supply chain management, its strategy could potentially set a new standard in the industry as automakers grapple with the challenges of transitioning to electric mobility while maintaining profitability and competitiveness.

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