Market intelligence, trend analysis and forecasts for the Automotives industry across the regions

Companies / France

Renault Optomistic About Electric Vehicles

June 2008 | Company News Alert
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In the light of rising oil prices and government tax incentives to encourage purchase of electric vehicles (EVs), French vehicle manufacturer Renault estimates demand for electric vehicles to reach 30,000-50,000 vehicles a year. As the future for these vehicles looks positive, Renault estimates production of its new range to reach 100,000 units by 2014-15.