Electric Cars Designed in India, for China

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 June 2, 2024

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PARIS: Renault Nissan global chief executive Carlos Ghosn said electric cars are the future of Renault Nissan. The company’s R&D site in Chennai will contribute to the affordable electricity program, he added.

“Electric vehicles will be part of the future of our industry. We will develop affordable electric cars based on what we know in India, but we will deploy them in China because the market there is very important and the Chinese government is also very important. There is very little support for electric cars in India,” Ghosn told The Economic Times on the sidelines of the Paris Motor Show.”

Chairman Ghosn added that he expects the U.S. to lead the way in electric vehicles. The future of cars will happen in China thanks to the active participation of local manufacturers and the support of the Chinese government. As a result, Nissan, the leader in the field, is feeling the pressure.

“The Chinese market is booming, and a number of emerging local companies are leading the way,” said Ghosn, adding that we are working hard to launch affordable electric cars to avoid being influenced by the Chinese market. “I’m overwhelmed by the products that are coming. Regarding the future of self-driving cars, Gorn said all automakers are working on solutions, but it will take three to four years to make real progress in that direction. In emerging markets, Gorn said, “we need to make sure drivers follow the rules. Do self-driving cars stop at red lights? Will users in Mumbai or Rio de Janeiro stop?” “We are very happy with Kwid He said he was very happy with his initial performance, adding that the company’s priority is to ensure “clear success” and reduce the gap between Kwid and Duster.

“There are a lot of improvements in this program. Our priority is to ensure that the Kwid is perfectly suited to the Indian market, so our intentions are not limited to the current success of the Kwid-we will see. Future CMF-Renault plans to launch at least one new product every year for the next five years, a large portion of which will be aimed at the sub-1 lakh market, which has doubled its market share to nearly 5 percent. Its market share in India is expected to more than double to more than 150,000 units by the end of the year (The reporter was invited to Paris by Renault India, which I received.)

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