Renault’s low-cost EV in Europe might go on sale in subsequent 5 years, Auto Information, Automobilnews
New Delhi: Renault is planning to launch a low-cost electrical automobile in Europe, which is predicted to go on sale throughout the subsequent 5 years, reveals a media report quoting Renault CEO Thierry Bollore.The report additionally hints that this new electrical automobile will not be priced greater than $11,000.
The automaker has been engaged on electrical automobiles or fairly a very long time. The Zoe electrical hatchback has been one of many well-liked EVs in Europe. Now, the French automaker is aiming to place that experience in making a low-cost EV.
Talking concerning the automobile, Renault CEO Thierry Bollore, stated, “We’re already making a living with our electrical vehicles at present with fairly modest volumes in absolute phrases.”
He additionally stated, “By projecting what’s going to occur out there, we have now a transparent estimate that we are able to nonetheless earn money.” The corporate can be mulling quick time rental applications for the inexpensive EV.In the meantime, Renault will begin promoting the Okay-ZE in China, which is the electrical variant of the Kwid hatchback.