Renault and ST enter into a strategic cooperation agreement
The Renault Group has entered into a strategic collaboration with STMicroelectronics which will see ST design, develop, manufacture and supply Renault with products and related packaging solutions for the power electronics systems of battery-operated and hybrid vehicles.
Both companies said that they will work together with the objective of improving the power performance of Renault’s Group’s applications for electric and hybrid vehicles, based on ST’s 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.
“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,” added 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.”