This equity investment will enable Renault Group and Violet to establish themselves as leaders in the development and industrialization of innovative and economical electric motors in the years to come.
The Renault Group announced that it has acquired a 21 percent minority stake in Violet, located in the Lhote region of France, which has developed a unique technology in a promising field of innovative electric motors. This acquisition of a stake in the French start-up strengthens the existing strategic partnership between the two companies.
The Renault Group had previously signed a partnership with Vialot to develop and industrialize an innovative axial flow automotive e-motor on a large scale. This technology will be applied to electrified and electric powertrains, especially in hybrid powertrains with the aim of reducing costs, while producing 2.5 g/km of CO2 as per the WLTP standard (for passenger cars in segment b/c). 2 emissions can be saved. The Renault Group will be the first mainstream manufacturer to mass-produce axial-flow electric motors from 2025.
0 notes
This equity investment will enable Renault Group and Violet to establish themselves as leaders in the development and industrialization of innovative and economical electric motors in the coming years and support the very strong growth of the electrified vehicle market in France and Europe.
for the latest auto news And ReviewFollow carandbike.com Twitter, Facebook, and subscribe to our youtube Channel.
,