Renault’s Strategic Roadmap for India: New SUVs, EV, and Growth Initiatives by 2027
Renault’s India is about to beautify its presence in the home marketplace by introducing three new products in the subsequent three years. The growth plan includes launching new SUVs on a fresh platform and a localized electric car (EV) by means of 2027. Additionally, Renault’s will unveil the following technology models of Kiger and Triber all through this era.
The automaker, based in France, is devoted to investing INR 5,300 crore within the Indian market, as jointly introduced with its Japanese alliance associate Nissan in February of the preceding year. This funding targets to bring about six new regionally produced merchandise, with 3 every for Nissan and Renault. The shareholding structure became adjusted, with Renault Nissan Automotive India Private Ltd (RNAIPL) now owning 51% by means of Nissan and 49% by Renault.
In reaction to the sales drop stated in 2023, Renault goal is to enhance sales momentum in 2024 by launching upgraded versions of its current fashions, such as the Triber, Kiger, and Kwid. The corporation offered around 49,000 units inside the home marketplace and exported 28,000 units at some point during the January-December 2023 duration.
Renault’s remains positive approximately the passenger automobile boom outlook, exporting its models to 14 international locations across diverse regions. The enterprise is likewise planning a used automobile application for certified vehicles from all manufacturers. Looking toward destiny, Renault’s ambitions to attain carbon neutrality in its manufacturing operations with the aid of the 2045 year.
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