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

Those in the United Kingdom may now order a new version of Skoda’s sports utility vehicle – the new Skoda Kodiaq Sportline. It will be slotted between SE L and...
by - December 10, 2017
As part of its new electrification strategy, German carmaker Volkswagen is working to finalize the production version of the Volkswagen I.D. Crozz SUV concept and introduce the new vehicle to...
by - December 10, 2017
The company founded by Ferdinand Porsche has been in the business of building vehicles -- sports cars, SUVs and race cars – since 1931. The brand has long catered to...
by - December 9, 2017
BMW strongly believes that the future will be all about the electrification, or should we say e-mobility. And this is why as early as now, they already have a vision...
by - December 8, 2017
At this year’s FIA World Touring Car Championship, it was Volvo that stood out and became the victor with an S60 TC1 race car. So to celebrate this victory, the...
by - December 8, 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