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15 Nov
18:05

Ampere to democratise electric cars in Europe: Renault

French carmaker Renault Group said Wednesday its new EV and software unit, Ampere, is targeting around 75% of the European EV market – 35% in the B-segment and 40% in the C-segment. The company seeks to be a leader in small and compact electric cars, providing EV-ICE price parity “ahead of competition,” Renault Group’s ceo Luca de Meo said in a presentation monitored by Kallanish. The plan is to reach a 40% cost reduction from a first-gene…
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