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Renault Looking At Made In India Electric Vehicle Plan

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Renault is considering developing a mass-market electric car in India.

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The move is part of an overall strategy by Renault to revive sales in the country.

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The automaker is profitable despite selling fewer vehicles in 2022 than one year before.

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The French automobile maker may launch an EV made in India of Kwid, its hatchback.

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The announcement reveals the extent to which Renault is moving ahead in its electrification efforts.

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It also hints at the changing perception of the automobile market in India.

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The market experienced the fastest increase of any significant market between 2022.

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Electric vehicles were predicted to account for less than 1 per cent of car sales in the year before, but there is a government goal of 30 per cent by 2030.

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