Renault's EV unit, Ampere, announced plans on Monday to incorporate lithium iron phosphate (LFP) technology in its mass production of electric vehicles. Ampere will collaborate with LG Energy Solutions and CATL to establish a robust supply chain in Europe. This strategic move aims to address market volatility and evolving technologies, positioning Ampere to better compete with more affordable Chinese rivals by diversifying its battery technology offerings.
The adoption of LFP batteries is intended to be utilized in several Renault and Alpine models in the coming years. LFP technology, known for its safety, cost efficiency, and longevity, aligns with Ampere's goals to cater to various market segments while enhancing its competitive edge.
In addition to the LFP technology, Ampere has also committed to developing Cell-to-Pack battery solutions with LG Energy Solutions. This innovation aims to improve the range of its electric vehicles, further strengthening Ampere's position in the market. This collaboration underscores Ampere's focus on leveraging advanced battery technologies to meet the growing demands and expectations of EV consumers in Europe.