is considering building a mass-market electric vehicle in India, two people with knowledge of the ongoing review told Reuters, as part of a renewed push into a market where EV adoption is expected to grow quickly from a small base.
Renault is studying launching a made-in-India electric version of its Kwid hatchback, the people told Reuters. The move is part of a broader plan by Renault to rekindle sales in a country where the carmaker remains profitable despite selling fewer cars in 2022 than a year earlier, the person said. India is set to become the world's third-largest market for passenger and other light vehicles, displacing Japan, according to a forecast by S&P Global Mobility. Industry-wide sales grew an estimated 23% to 4.4 million vehicles in 2022.
Gettong out of EUROPE due to costs of production and unreliable energy supplies. Its the right move.
Ev powered by coal charged batteries
Right, where the hell you gonna plug those?
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