Renault has taken a 21% stake in French electric motor specialist Whylot.
In June this year Renault had announced that it would develop an axial flow motor together with Whylot. At the time, it was said that these motors would initially be installed in hybrid and plug-in hybrid vehicles, but later also in battery-electric models.
After the initial cooperation now comes a financial investment. How much the carmaker is investing in the start-up is not mentioned in the announcement.
It only says that the investment will enable Renault and Whylot to ” position themselves as leaders in the development and industrialisation of innovative and affordable electric motors in the coming years and support the very strong growth of the electrified vehicle market in France and Europe”.
Renault Group aims to be the first major carmaker to mass-produce an axial-flow electric motor from 2025.
“For hybrid powertrains in particular”, this should reduce costs significantly. For passenger cars in the B or C segment, the higher efficiency of the motor should also reduce CO2 emissions by up to 2.5 grams per kilometer according to WLTP.