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

What can we expect from Mercedes-Benz for this year and the next? It seems all matters have been laid out with luxury carmaker’s vehicle lineup for 2017 and 2018. As...
by - September 19, 2017
It was in February when Ford revealed the new Fiesta ST, just before it made its official debut at the 2017 Geneva Motor Show in March. But it is not...
by - September 19, 2017
If you search for the word "grille" on the dictionary, what you will get is a definition that says "a grating forming a screen or barrier, or an ornamental one...
by - September 19, 2017
We recently heard that Italian automakers, Ferrari and Lamborghini, are not so keen on building an all-electric sports car just yet. On the contrary, Bentley has just confirmed that there...
by - September 17, 2017
Back in 2013, Nissan introduced the IDx Concept at the Tokyo Motor Show. When the audience first saw this, a lot of people got excited to see a lightweight sports...
by - September 17, 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