PARIS -- Renault Group outlined its targets for its Ampere electric vehicles unit including a raft of new models as it sought to fire up doubtful investors ahead of a planned market listing of the business next year.
Ampere plans a lineup of seven EVs by 2031, including a city car costing less than 20,000 euros ($22,000) to replace the current Twingo. Luca de Meo, who is CEO of both Renault and Ampere, showed the model to investors on Wednesday at a capital markets day for Ampere.
The new Twingo will launch in 2026 and will be built in Europe. It will offer best-in-class efficiency with energy consumption of 10 kilowatt hours per 100 km, Renault said. This compares with about 15 kWh/100km for most small battery-electric vehicles (BEVs) currently on the market.
Renault did not specify the car's production location but sources have said it will be produced from 2026 at Renault's factory in Slovenia, which builds battery-electric and combustion engine versions of the Twingo.
Ampere's lineup will also include the Megane E-Tech, launched last year; the Scenic E-Tech, which goes on sale early next year; the upcoming Renault 5 that will be revealed early next year; and the Renault 4 to be launched in 2025. There will also be two additional vehicles, Renault said.