Renault and provider ink battery casings JV MOU
Renault Group and provider Minth Group have signed a memorandum of understanding for a three way partnership to provide battery casings, primarily based in France.
The JV will find this on the Ruitz plant in Renault ElectriCity and can provide ElectriCity Douai and Maubeuge vegetation.
The battery casing, a set of extruded aluminium components assembled by friction welding wherein the battery modules are housed, is a key element of the electrical automobile and contributes to the automobile’s sturdiness and security. The JV will set up two new manufacturing strains in Ruitz in 2023 with a capability of 300,000 battery casings per yr by 2025, for electrical fashions, together with the longer term R5.
This JV will draw on the pioneering expertise of Renault Group within the manufacturing of electrical automobiles, the technical abilities of Ruitz’s groups and its information of the ecosystem in France, in addition to Minth Group’s acknowledged know-how of battery casings.
This JV will assist the sturdy development of the electrical automobile market and the event of Renault ElectriCity industrial cluster, which goals to succeed in an annual output of 480,000 electrical automobiles by 2025 from factories within the north of France.
Jose-Vicente de los Mozos, EVP trade, Renault Group stated: “This new strategic partnership with Minth Group, alongside with our partnership with Envision AESC to arrange a gigafactory in Douai to fabricate cost-competitive, low-carbon batteries permits Renault Group to place itself as a number one participant in all the worth chain of electrical automobiles. By integrating this new high-tech exercise of battery casing meeting in Ruitz, this three way partnership is completely consistent with the group’s technique to create a best-in-class ecosystem as shut as doable to our manufacturing websites.”