Surprise move from Renault, they are very serious in the electric car business

This move electric vehicleWhile aiming to reduce the environmental footprint of companies, it encourages the use of renewable energy sources. This effort by Renault is seen as an important milestone not only in the automotive industry but also in the field of environmental protection.

Renaulthas taken an important step towards a sustainable future and announced that it will use recycled batteries in its vehicles in Europe and will also recycle batteries itself. This means they will be the first carmaker in Europe to recycle batteries by extracting nickel, cobalt and lithium in a closed loop. The Future is Neutral (TFIN) department, which started operations in 2022, is currently in talks with companies that can help set up its own recycling facility. The main goal is to lower the cost of electric vehicles (EV) and reduce dependence on batteries and materials from China.

Renaultwill end new vehicle production at its Flins factory in France and will switch to a model that will produce refurbished vehicles with recycled vehicle parts. Nickel, cobalt and lithium currently make up about 70% of the cost of a new battery. This constitutes 40% of the cost of the entire vehicle.

Surprise move from Renault, they are very serious in the electric car business

Renault‘s plans are part of a wider initiative aimed at reducing Europe’s dependence on batteries and raw materials from China. Establishing a battery recycling facility in Europe is seen as a logical step. Moreover,
Renault TFIN aims to generate significant revenue from its business; The company targets a turnover of 2.3 billion euros from this branch alone.

This initiative represents a turning point in the European automobile industry, both economically and environmentally.
RenaultThis initiative shows its determination to reduce the costs of electric vehicles and take important steps for a more sustainable future. In addition, it is considered as a strategic move that will allow Europe to achieve a more independent position in the automotive industry.
RenaultThis effort of ‘s prioritizes not only technological innovations but also its environmental responsibility. The use of recycled batteries aims to reduce the environmental footprint by ensuring more efficient use of resources. This approach coincides with the vision of leaving a cleaner and more livable world for future generations.