We had showcased four vehicles on the zero-emission platform in Europe in November and the company expects to launch the Twizy in 2012 in global markets like Israel and France where governments are offering incentives in the form of tax incentives and huge investments in infrastructure, Ashish Sinharoy, vice president (corporate communication) said, adding that Indian market is also on the companys radar after the global launch but there needs to be cooperation from the Central and the state governments.
According to Sinharoy, it is expected that 5% of total passenger car market, pegged at 60-65 million units, will be constituted by electric vehicles by 2020 and as a result the company will enhance its global production capacity for the same from 50,000 units a year in 2012 to nearly 5,00,000 units by 2015. Nissan has developed Fluence (a family saloon), Kangoo (a compact utility vehicle) Zoe (a compact saloon) and Twizy at an investment of $4 euro. This includes the joint development of lithium-ion batteries with a life span of five years, which will be manufactured at the companys Portugal plant, in collaboration with Nissan. Renault has already started the commercial production of the conventional fuel variants of Fluence and Kangoo in Europe.