Mexican Media Brands
Renault May Join Euro Battery Consortium
Renault SA Chairman Jean-Dominique Senard says his company will join a European consortium to make battery cells for electric cars if there’s a viable business case to do so.
#hybrid
Share
Renault SA Chairman Jean-Dominique Senard says his company will join a European consortium to make battery cells for electric cars if there’s a viable business case to do so.
“We’re all for it,” Senard tells a French government hearing, but adds that “it has to make economic sense.”
European leaders have been keen to establish local expertise and production capacity for EV batteries, rather than rely entirely on Asian-based suppliers, as they ramp up electrified powertrains for future models.
In April, French battery company Saft Groupe and carmaker PSA Group and its Opel affiliate in Germany formed a battery cell consortium and arranged for the French and German governments to help subsidize the partnership.
In June, Germany said it intends to invest €1 billion in a total of three such consortiums whose members might include BMW, chemical giant BASF, Germany battery suppliers BMZ and Varta, and Volkswagen Group.
RELATED CONTENT
-
On Ford Maverick, Toyota Tundra Hybrid, and GM's Factory Footprint
GM is transforming its approach to the auto market—and its factories. Ford builds a small truck for the urban market. Toyota builds a full-size pickup and uses a hybrid instead of a diesel. And Faurecia thinks that hydrogen is where the industry is going.
-
Electrically Improving Powertrains
The good news about downsized powertrains is that they can provide greatly improved fuel efficiency compared to larger engines. The not-so-good news for many drivers of cars with these smaller engines under the hood is that they can lack performance.
-
GM Is Down with Diesels
General Motors is one company that is clearly embracing the diesel engine.
