Category: eV

Exclusive-Renault considers making mass-market EVs in India -sources

Renault 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. The study by Renault underscores how the French automaker is pushing ahead with electrification plans even as it extends unresolved negotiations with its partner Nissan Motor about investing in an EV unit it plans to carve out from its other operations. It also points to the shifting perception of the auto market in India, which posted the fastest growth of any major market in 2022.