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Renault to launch EVs in India by 2014

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Press Trust Of India New Delhi
Last Updated : Jan 21 2013 | 1:24 AM IST

French auto major Renault today said it was looking at launching zero emission electric vehicles (EVs) in India by the middle of this decade. The company, which today unveiled its city two-seater ‘Twizy’ in the country, also plans to produce up to 500,000 units of EVs globally by 2014.

“We will launch the electric versions of our family saloon ‘Fluence’ and the compact utility vehicle ‘Kangoo’ in 2011 in Denmark and Israel, followed by the launch of Twizy. We hope to bring all these cars to India within four years of their global launch,” Renault Vice-President (Corporate Affairs and Communications) Ashish Sinharoy said.

He said the company will first bring cars to India as completely built units (CBU) but may look for local assembly of manufacturing later.

The company plans to introduce the car in the European market post 2012.

All the Renault models will use lithium-ion batteries. While Twizy has a single charge mileage of 100 km, Fluence and Kangoo will run up to 140-160 km in a single charge.

In 2011, the company plans to start with production of 50,000 units of EVs at its facilities in France and Israel and hopes to reach a figure of 500,000 units in the following three years.

Renault had invested ¤4 billion ($5.71 billion) for development of its zero emission platform over the last five years. The Israeli government has offered tax incentives for 30 years, besides committing investment of $1.5 billion as part of its agreement with the company.

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The company will also unveil its compact saloon, Zoe, during the inaugural day of the Delhi Auto Expo tomorrow.

“We are in discussions with the Delhi government to finalise details regarding special incentives for EVs, like tax benefits, besides planning to enter into talks with other state governments,” Renault Country General Manager Marc Nassif said.

He further said: “Globally we have entered into over 30 memoranda of understandings with various national governments and local authorities for launching zero emission EVs. We hope to enter into such agreements in India as well.”

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First Published: Jan 05 2010 | 12:28 AM IST

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