Renault is rethinking EV plans as forecast failed to come true

Article by Christian A., on May 30, 2014

Renault has ambitious electric vehicle plans, but is now rethinking them as its forecast failed to live up with the current trend in the auto market, Chief Performance Officer Jerome Stoll told Automotive News. He remarked that people are not feeling the need to have an EV for their full daily use.

Stoll confirmed to Automotive News that the carmaker would introduce an electric version of its new Twingo minicar, although the EV project has been "put on hold." Renault is currently collaborating with Daimler to develop the Smart ForFour four-seat vehicle, which will also be offered in an EV version.

A Renault spokesman told Automotive News Europe that the French carmaker is not bound to develop an electric version of the Twingo since it is already offering a full lineup of EVs like the Zoe subcompact, Fluence sedan, Kangoo delivery van and Twizy quadricycle.

Renault and alliance partner Nissan is investing EUR4 billion ($5.46 billion) in the medium term for EV projects. Renault-Nissan chief executive Carlos Ghosn remarked in 2013 that the alliance will fail to hit a 2016 target to sell 1.5 million EVs annually.

In fact, Renault only sold 19,093 EVs last in 2013, a small fraction of 2.63 million cars and light commercial vehicles sold in the year.

If you liked the article, share on:

Comments

Recommended

In an interview involving Lamborghini CEO Stefano Domenicali and Automotive News, the topic about the Urus was thoroughly discussed. This super SUV is scheduled to make its debut later this...
by - June 23, 2017
Porsche definitely adores variety. You’ll see what we mean if you browse through the official company's website that shows a plethora of various 911 models. And now, the German marque...
by - June 23, 2017
2018 Ford Expedition is on its way to the market, and will be arriving at dealerships this fall. The all-new SUV will come with a new design, new EcoBoost engine,...
by - June 23, 2017
The 2018 Porsche 911 GT2 RS that made its debut not so long ago at the E3 video game expo in Los Angeles has already been sold out according to...
by - June 23, 2017
Mazda seems too far ahead in Safety technology for having four of its vehicles chosen as the safest on the road. Very recently, the Insurance Institute for Highway Safety has...
by - June 22, 2017
Facebook

Youtube Channel

Tip Us
Do you have a tip for us?
Did you film an important event?
Contact us
Newsletter
Subscribe to our newsletter!
Subscribe
Galleries