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Renault to sign significant battery production deal

Published: July 31, 2012 | 7:59 am
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French carmaker Renault looks set to sign a significant agreement with LG Chem and CEA regarding next-generation battery production.

CEA is France’s Alternative Energies and Atomic Energy Commission, and formed a strategic partnership with Renault back in 2010 looking at mobility and clean vehicles. Back then, they made several agreements including a contract for new battery technologies. Now their research and development has made it possible to enter industrial production.

In addition, Renault is negotiating with LG Chem regarding the construction of a European battery factory in France.

Potentially this battery factory would produce current generation batteries starting in 2015; before introducing new generation batteries in 2017 based on the agreement between Renault, CEA and LG Chem.

Renault is said to be keen to enhance its ties with such a well-established partner in the battery production industry in an effort to meet the needs of the expanding European market for electric vehicles. Renault has been one of the leaders in the early production of electric cars, thanks to vehicles such as the Renault Fluence (pictured).

The companies are now set to review a location for a battery production facility in France – it must have the potential to be expanded in the long term and to produce electrodes. In addition, it must be able to easily serve all European markets and minimise logistic costs.

It is hoped a final agreement will be reached in 2013.

thegreencarwebsite

 

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