Renault remains committed to electric vehicles, according to chief operating officer Carlos Tavares – and the company expects its global EV sales to more than double to 36,000 units this year.
“We are the leaders in EV sales and we intend to stay so,” said Tavares. “We are the only manufacturer with four EV models. Our European market share as an automotive company, including Renault and Dacia, is nine per cent, but our share of the zero-emissions vehicles market is 51 per cent.”
Tavares acknowledged the growing amount of manufacturers committing to plug-in hybrids as opposed to full electric vehicles, but felt such a solution was only applicable to higher-priced luxury cars and posed significant financial challenges for manufacturers and consumers alike.
“There is nothing wrong with plug-in hybrids, except for the fact that if you look at the [financial] bill of materials for them, it is quite obvious that the cost of a plug-in hybrid is much more than a single-energy powertrain,” he said.