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Renault 5 Prototype official images

 

The new Renault 5 electric hatchback is set to cost around £18,500 when it goes on sale in 2024.

The revived nameplate will be part of a major new plan to revive the French firm's fortunes, and will sit on Group Renault's new CMF-BEV platform for small electric cars. 
Speaking during a Renault electropop event, company boss Luca de Meo said that the use of the new platform and revamped battery tech would enable the firm to sell the 5 for about 33% less than a current Zoe. With an entry-level Zoe costing £27,505, that suggests a target starting price for the 5 of around £18,500.

The firm has also confirmed the new 5 will use new powertrain technology and Nickel, Manganese and Cobalt (NCM)-based batteries that it says will dramatic reduce the cost per kWh to around £58 by 2030. Renault added that the 5 would have a range of around 400km (248 miles).

The Renault 5 Prototype takes styling and design cues from the Clio’s predecessor that Renault produced from 1972 to 1996. It's set to be one of 14 new models – including seven fully electric vehicles – that the French brand will launch by 2025.

It will also be joined by a new version of the Renault 4 supermini, called the 4ever.

The French firm originally revealed the new 5 concept during the unveiling of the ‘Renaulution’ strategic plan devised by new boss Luca de Meo this morning. The 5 Prototype city car will be a key part of Renault’s push for 30% of its sales to be of electric vehicles by 2025.

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