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july 27, 2012 - Renault
Partnership with LG Chem: Renault reaffirms its support for an EV electrics industry in France
Renault is restating its ambition to be present across the entire electric vehicle value chain, from technical architecture to
motors and batteries.
Renault is supporting the development of a EV electrics industry in France as part of ongoing
negotiations with LG Chem. A final agreement is expected in second-half 2013.
Ongoing negotiations concern:
• a new phase in the research and development of next-generation electrical batteries as part of
a three-way draft agreement involving Renault, CEA (French Alternative Energies and
Atomic Energy Commission) and LG Chem. This agreement targets the development of
next-generation of batteries for production in early 2017.
• the LG Chem-led construction of a European battery factory in France. This factory would
produce current-generation batteries from the end of 2015 and, from early 2017, the newgeneration
batteries resulting from the agreement between Renault, CEA and LG Chem.
Renault is thus restating its commitment to cut CO2 emissions and bring customers a range of
electric vehicles at affordable prices
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