Renault Group and STMicroelectronics enter strategic cooperation on power electronics
June 25 2021 - 04:00AM
Renault Group and STMicroelectronics enter strategic
cooperation on power electronics
- Renault Group selects STMicroelectronics as key
innovation partner, securing the supply of electric and hybrid
vehicle advanced power semiconductors to be produced from
2026.
- STMicroelectronics will develop custom-made products
and solutions to further improve the efficiency of Renault Group’s
electric and hybrid vehicles.
- This strategic cooperation is a further step forward in
the gradual decarbonisation of the mobility industry through
greater energy efficiency and improved energy performance for
electric and hybrid vehicles.
Boulogne-Billancourt (France) and Geneva
(Switzerland), 25 June 2021. Renault Group and
STMicroelectronics today announced a strategic cooperation on the
design, development, manufacturing, and supply to Renault Group of
STMicroelectronics’ products and related packaging solutions for
the power electronics systems of battery-operated and hybrid
vehicles. These technologies will have significant impacts
on electric vehicles’ driving range and charging by reducing power
losses and improving efficiency, which will result in lower battery
costs, more kilometres per charge, shorter charging time and
reduced user-cost.
Renault Group and STMicroelectronics will work
together with the objective of improving the power performance of
Renault’s Group’s applications for electric and hybrid vehicles,
based on STMicroelectronics’ wide bandgap semiconductor
technologies and products. The companies will collaborate on the
development of efficient, rightsized, and modular components based
on the understanding of Renault Group’s technology needs for
Silicon Carbide (SiC) devices, Gallium Nitride (GaN) transistors,
along with related packages and modules. As Renault’s key
innovation partner, STMicroelectronics will benefit from
significant volumes guaranteed for the annual usage of these power
modules and transistors from 2026-2030.
“We are delighted to work with market leader
STMicroelectronics to integrate their advanced power electronics
and to co-develop technologies to further improve the energy
capacity of our electric and hybrid vehicle batteries and their
performance on the road and when charging. This partnership secures
future supplies of key components which will significantly
contribute to reducing wasted energy by 45% and decreasing the cost
of the e-powertrain by 30%, helping us fulfil our ambition of
making electric vehicles affordable, profitable and popular,”
said Luca de Meo, Chief Executive Officer, Renault
Group.
"ST is at the forefront of the development of
advanced power semiconductors enabling the mobility industry to
move to electrified platforms. With higher-efficiency products and
solutions based on advanced materials such as Silicon Carbide and
Gallium Nitride, we will support Renault Group’s strategy for its
next generation of electric and hybrid platforms,” said
Jean-Marc Chery, President and Chief
Executive Officer, STMicroelectronics. “ST and Renault
Group share a common vision for more sustainable mobility. This
partnership will be another step forward in the progressive
decarbonization process initiated by the mobility industry and its
supply chain.”
Sustainability and sustainable technology are at
the heart of both Renault Group’s and STMicroelectronics’ vision
and solutions. For ST, this strategic cooperation is further
evidence of how its technologies and products enable more
sustainable mobility as well as advanced power and energy
management across all type of systems and devices. The transition
to more energy-efficient technologies and improved power
performance for the operation of full electric and hybrid vehicles
will enable Renault Group to continue making concrete improvements
to carbon emissions reduction, in line with its objective of
achieving carbon neutrality in Europe by 2040 and worldwide by
2050.
A presentation of the Renault tech ecosystem,
including this strategic cooperation with STMicroelectronics, will
be shared in the Renault eWays online conference which will take
place on Wednesday 30th June 2021 at 11:00 am (CET). During the
event Luca de Meo and his team will showcase the strategy to
position Renault Group at the forefront of electrification making
affordable and profitable EVs. Click here to join the event and the
Q&A with analysts.
About Renault Group Renault
Group is at the forefront of a mobility that is reinventing itself.
Strengthened by its alliance with Nissan and Mitsubishi Motors, and
its unique expertise in electrification, Renault Group comprises 5
complementary brands - Renault, Dacia, LADA, Alpine and Mobilize -
offering sustainable and innovative mobility solutions to its
customers. Established in more than 130 countries, the Group has
sold 2.9 million vehicles in 2020. It employs more than 170,000
people who embody its Purpose every day, so that mobility brings
people closer. Ready to pursue challenges both on the road and in
competition, Renault Group is committed to an ambitious
transformation that will generate value. This is centred on the
development of new technologies and services, and a new range of
even more competitive, balanced, and electrified vehicles. In line
with environmental challenges, the Group’s ambition is to achieve
carbon neutrality in Europe by 2050.
https://www.renaultgroup.com/en/
About STMicroelectronics At ST, we are 46,000
creators and makers of semiconductor technologies mastering the
semiconductor supply chain with state-of-the-art manufacturing
facilities. An independent device manufacturer, we work with more
than 100,000 customers and thousands of partners to design and
build products, solutions, and ecosystems that address their
challenges and opportunities, and the need to support a more
sustainable world. Our technologies enable smarter mobility, more
efficient power and energy management, and the wide-scale
deployment of the Internet of Things and 5G
technology. Further information
can be found at www.st.com.
CONTACTS
Renault GroupRonan
MulvaneyCorporate Communications Manager - InnovationTel.
+33 618 25 24 87ronan.mulvaney@renault.com
STMicroelectronicsMedia
RelationsAlexis BretonCorporate External CommunicationsTel. +
33 659 16 79 08alexis.breton@st.com
Investor RelationsCéline BerthierGroup VP, Investor
RelationsTel. +41 22 929 58 12
celine.berthier@st.com
- 2021 06 25 Renault STMicroelectronics - Final Release EN
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