Renault CEO Doubts EVs And ICEs Will Reach Price Parity Anytime Soon via insideevs.com
Despite this, the executive noted that the price of Renault's upcoming small EVs will remain considerably higher than combustion models of the same size.
"I can come up with better battery chemistry and better power electronics, but these gains would be erased when the price of cobalt doubles in just six months." Luca de Meo added that raw materials currently make up about 80 percent of the cost of a battery, which means it would be a good idea to tailor battery size to the customer.simply environmental nonsense.Obviously, for automakers to be able to lower the battery size and thus the price of future EVs, the recharging infrastructure would have to improve a lot.
Renault's CEO is also adopting a realistic stance when it comes to switching to all-electric production. The company plans to become an electric-only brand in Europe by 2030, five years before theultimately it will be the market, the customers, who will decide if they want to be electric-only.
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