Renault and Nissan are competing with Tesla for electric vehicle power

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Renault and Nissan’s goal is to become the first automakers to sell 1 million electric vehicles using a combined battery system, making them industry leaders along with Tesla and Volkswagen.

Renault CEO Luca de Meo made a prediction in the Financial Times (FT) this week. The future of the automotive summit, And added that the partners are negotiating to standardize battery modules used in electric vehicles.

This shows that after the former boss of the partnership, Carlos Ghosn, was arrested on charges of financial misconduct in 2018, this often difficult alliance has finally been restored under new management.

De Meo said: “If we manage to come up with a very synergistic battery solution, the alliance may be one of the first to break the threshold of 1 million cars sold using the same battery module.”

For automakers, reducing complexity and cost is the key, as they try to reduce the price of battery cars while increasing the profit margins of selling them.

Currently, Renault and Nissan provide batteries separately, but Nissan’s chief operating officer Ashwani Gupta (Ashwani Gupta) said that the next generation of technology will become the “universal battery” of the alliance, which also includes Mitsubishi.

He said at the virtual summit: “If we make batteries for 10 million cars with the same chemical composition, the same structure, and the same purchase, then we will definitely move forward.”

The alliance plan makes these groups not far from Volkswagen. Volkswagen plans to sell 1 million electric or hybrid vehicles this year, although only half of them are purely battery-powered.

Tesla only sells electric vehicles, and is increasing its production of electric vehicles after nearly delivering 500,000 vehicles last year.

Ford and Stellantis He also warned that at the three-day Financial Times (FT) event, motorists were pricing electric cars too quickly.

Ford Europe President Stuart Rowley (Stuart Rowley) said that more extensive cooperation with the government, energy companies and charging organizations is needed to promote the widespread adoption of electric vehicles, and the price needs to be lowered so that current car buyers can afford it. This model.

He said: “It must be led by ministerial level, but it requires the participation of local governments as well as the state, utility providers and industry participants.”

“If we are unsuccessful, people will continue to use older vehicles, more polluting vehicles. We cannot leave people behind.”

There are also warnings that if automakers continue their efforts to achieve their fleet’s ambitions to decarbonize their fleets, the cleaning materials needed to make batteries will decrease.

In an interview with the Financial Times, Tomas Nauclér of McKinsey & Company said that as automakers try to purchase materials through decarbonization, he anticipates the risk of a shortage of clean parts.

He predicts that in the second half of the decade, there will be a shortage of materials such as lithium, cobalt and nickel or iron ore for steel, because new methods to reduce emissions during mining or processing means that miners will have difficulty pumping out enough water to meet the skyrocket. Expected demand. Sales volume.

He said: “We will see the squeeze of green materials in the second half of this decade, very likely even in the next decade.” “The next five years will be decisive, whether we will see fast enough supply. ”

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