Renault plans to manufacture an electric vehicle in India


Jan 6 (Reuters) – Renault has begun a feasibility study to launch and produce an electric version of its small Kwid in India, two sources familiar with the matter told Reuters, as the diamond group intends to go back on the offensive on the most dynamic of the world’s automotive markets.

The study carried out by Renault shows that the French car manufacturer is continuing with its electric vehicle projects, even if negotiations with its partner Nissan Motor concerning the investment in an electric vehicle unit which it plans to separate from its other activities do not have not succeeded.

Renault India declined to comment on product plans but said the group was focusing heavily on electrification globally, as part of the strategy set out by chief executive Luca de Meo, with India being the one of the group’s key markets. (Aditi Shah and Gilles Guillaume report, French version Augustin Turpin, edited by Blandine Hénault)










click here for restrictions
©2023 Reuters



Source link -87