Renault and STMicroelectronics sign a strategic partnership

  •   29/06/2021 - 07h17
  •   HARMANT Adeline

At the end of last week, the Renault group announced the signing of a strategic partnership with STMicroelectronics in the field of power electronics. Through this strategic alliance, the French car manufacturing group intends to secure the supply and production of power semiconductors for its future electric and hybrid models.

Renault and STMicroelectronics sign a strategic partnership

The details of this new partnership between the two companies:

It is thus this Friday, June 25, 2021, that the French car manufacturing group Renault made official this strategic cooperation in the field of power electronics by signing an agreement with STMicroelectronics, specialized in semiconductors and also engaged in the Software Republic.

As mentioned in the introduction, the French carmaker's objective in signing this partnership is above all to secure the supply and production of advanced power semiconductors for its future electric and hybrid vehicle models, which will be produced from 2026.

More precisely, these electronic components are intended to have a major impact on the autonomy and charging of the group's electric vehicles, as mentioned in the press release sent last week. They will thus help reduce power losses while improving efficiency.

The Renault group also said that this will reduce the cost of batteries and charging time and therefore reduce the cost to the user while significantly increasing the number of kilometers per charge.

 

The benefits of this agreement for Renault and for STMicroelectronics:

Of course, this agreement is a win-win for both companies. Renault, thanks to its new partner, will be able to improve the energy performance of its electric and hybrid vehicles, relying in particular on the high-gap semiconductor technologies and products of STMicroelectronics, the current market leader.

For its part, STMicroelectronics will also benefit from this strategic partnership as it will be able to secure significant production volumes over the entire period from 2026 to 2030.

The Renault group will also be able to secure its needs in terms of silicon carbide components, gallium nitrite transistors and associated packages and modules.

Following the publication of the official press release, Renault's CEO, Luca de Meo, said that the partnership secures future supplies of key components that will make a significant contribution to the company's growth.which will contribute significantly to the reduction of energy loss by 45%, but also to reduce the cost of the electric powertrain by about 30%. He also added that this new technology cooperation will help the group achieve its ambition to democratize electric vehicles by making them both more affordable and more profitable for consumers.