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