Renault strengthens its Alpine sports car brand with the first fully electric model called A290.
The new electric Renault Alpine A290 will be able to travel up to 380 km on a single battery charge, with acceleration to 100 km/h taking 6.4 seconds. The price of this model will start from €38,000.
A290 will be the first of seven fully electric models planned for release in the near future. So far, the company does not disclose information about the entire lineup. It is only known that a crossover is also planned to be offered next year.
The launch of A290 is a key part of CEO Luca de Meo's goal to exceed Alpine's revenue of €8 billion by the end of the decade. This is quite an ambitious goal for a brand that only sold 4,300 vehicles last year. A290 will be manufactured in France based on a platform developed with the help of the Ampere division. Deliveries will start by the end of this year.
Renault plans to attract new investors, possibly including the Chinese Zhejiang Geely Holding Group, to strengthen the brand. Meanwhile, Alpine is in talks with AutoNation on a distribution agreement in the United States, and also plans to expand in China. Alpine is also considering other partnerships for the U.S.
Source: bloomberg
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