Renault will launch five new cars in the next 8 years

Renault has announced that by 2031 it will launch seven new electric cars. It’s part of a long-term electrification plan, and the cars will be manufactured at the newly established electric vehicle and software company, Ampere.

It all started two years ago when Renault presented the all-electric Megane E-Tech, and soon the new fifth generation Renault Scenic E-Tech, the new Renault 5 EV and 4 EV, and the Renault Twingo EV will arrive on the market. The remaining two cars will be replacements for the Megane E-Tech and Scenic E-Tech. Currently, Renault’s factories have a production capacity of 400,000 vehicles per year, with the goal of increasing it to 620,000 vehicles per year by 2028. The goal is to reach 300,000 sold electric vehicles by 2025, and one million by 2031.

All cars will be built on new platforms, AmpR Small (CMF-BEV) and AmpR Medium (CMF-EV), and will be from the A, B and C segments. Expectations at Renault are high, primarily because research shows that subcompact and compact cars will represent 3/4 of the electric vehicle market by the end of the decade.

Also, the long-term goal of Renault’s recovery plan is to reduce production costs by 40% in the next five years, and the plan also foresees a reduction in battery production costs by 50%, electric motors by 25%, and lower platform production costs as well. Body production costs will be lower by 15%, and logistics costs by as much as 50 percent. In this way, Renault wants to achieve equality between electric models and those with ICE by the end of 2028.

Source: Renault

Unique Lamborghini Huracan STO 10° Anniversario

Celebrating the 60th Anniversary of the Huracan in April 2023, Lamborghini announced that it will produce a special limited edition called the 60th Anniversary Edition (60 cars each from the STO, Tecnica and Evo Spider series). Now celebrating a decade of the Squadra Corsa racing division, the company has designed a unique car, the Huracan STO 10° Anniversario, based on the Huracan STO model.

Only one example of this car created in the Lamborghini Ad Personam Opera Unica program will be produced, with unique specifications. The exterior design is inspired by the Lamborghini SC63 LMDh, which will compete in the IMSA Endurance Cup and the FIA ​​World Endurance Championship, as well as the 24 Hours of Le Mans in the 2024 season. It is finished in a combination of Verde Mantis and Nero Noctis colors with the colors of the Italian flag extending over the hood and roof. On both sides is the number “10” which marks the anniversary.

The car is equipped with a performance package, carbon accessories on the hood, and the adjusted angle of the rear wing increases the downforce. There are also new adjustable shock absorbers that are combined with a new set of Bridgestone tires, and an Akrapovič titanium exhaust system.

Inside, the seats are upholstered in Nero Ade black Alcantara with Verde Fauns green stitching. There are also four-point safety belts, an aluminum roll bar, as well as carbon floor coverings that emphasize the ambience inspired by motorsport.

Lamborghini Huracan STO 10° Anniversario is powered by a 5.2L V10 engine with 631 hp (470 kW) and 417 lb-ft (565 Nm) of torque. Power is sent to the rear wheels via a 7-speed DCT gearbox.

The price of the car is not known, and it can be assumed that the car has already been reserved for a collector.

Source: Lamborghini

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Neo Motors is the first Moroccan car manufacturer

Many of you have never heard of Neo Motors. It is the first Moroccan car manufacturer, founded in 2018, which unveiled a prototype SUV in May of this year. Sales of this car will begin soon, and the company also talked about future plans, which include entering the main stock market and producing electric cars.

Neo currently has a capacity of 3,000 vehicles per year, and the plan is to increase it to 15,000 vehicles. “The Moroccan carmaker wants to increase production to 15,000 vehicles a year and within three years wants to introduce electric models. Neo is in talks with the African Development Bank about further financing opportunities,” said CEO Nassim Belkhayat in an interview with Bloomberg.

The Kingdom of Morocco has a population of 37.08 million and less than 5 million registered cars, with annual sales of less than 200k cars. The Kingdom’s plan is to become a production and trade center for both the West and China.

Peugeot, Renault and Dacia vehicles are already assembled in Morocco, and the authorities are now focusing on adding value by making key components locally. “We wanted to make a car for the masses, just like Volkswagen did a century ago. We made our own body, our own chassis and wiring system, and we source the rest from 43 local suppliers,” said Belkhayat.

Neo has so far invested 50 million dirhams ($4.9 million) in the factory in Ain Aouda, thanks to loans obtained from Moroccan banks, after a meeting of company representatives with King Mohammed VI.

The Kingdom of Morocco is Africa’s largest exporter of new cars, and Neo’s plans appear to be another step forward for the Moroccan automotive industry.

Source: Bloomberg

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