Budget News: The government will expand the electric vehicle ecosystem by supporting charging and manufacturing infrastructure. Usage of electric buses for public
Renault India Operations Country CEO & Managing Director Venkatram Mamillapalle said, “It is true (right now) the segment is shrinking. But as long as regulations don’t stop us, we will continue to sell the Kwid. We will not exit the segment. Given the traffic situation, small cars with high tech features at affordable prices should be winners, there is no reason why customers will not buy.”
Renault India Operations Country CEO & Managing Director Venkatram Mamillapalle said, “It is true (right now) the segment is shrinking. But as long as regulations dont stop us, we will continue to sell the Kwid. We will not exit the segment. Given the traffic situation, small cars with high tech features at affordable prices should be winners, there is no reason why customers will not buy.”
Auto manufacturer Renault is planning to launch five new products in the next three years in India. On Tuesday, Renault rolled out five new variants across its three models Kwid, Triber and Kiger as it looks to expand its customer base. Renew will be a standalone brand offering certified used cars sales and purchase, to both Renault and non-Renault models, the automaker said.
Automakers in India believe that Bharat NCAP will elevate the standard of safety of vehicles in India while also motivating brands to use better technology.