It was in September 2017, Renault Nissan Mitsubishi had reveled its six year plan called Alliance 2022 under which the alliance is committed to roll out 12 new electric vehicles by 2022. The company is looking to cross 14 million global sales by 2022 and the company is betting big in China and Chinese market not just for growth of the market but also for a company to grow itself. In an interview to Automotive News, Carlos Ghosn, CEO, Renault-Nissan-Mitsubishi Alliance said that the alliance will save a lot of costs by using common platforms and also confirms that electric Renault Kwid is currently in works in China.
"We'll have 9 million cars produced on four platforms. The first one that's already done is the [compact and midsize] C/D platform. We will add a [subcompact] B platform. We already have the A-plus platform, but it's very little used by Nissan. The A is the Kwid, which is the very small and inexpensive car. And then there will be one platform for electric cars."
Currently, a group of engineers from the alliance are working towards development of a low-cost Renault Kwid electric vehicle for China. Carlos Ghosn also confirms that once it works in China, the company sees no reason not to export the car to India.
He is quoted saying, "once it works in China, there's no reason you're not going to export the car to India, to Brazil, to the Middle East."
Globally the growth of electric vehicles in the coming years is expected from China and from more matured markets like in Europe, Japan and the United States but Ghosn also believes said that "We may have a surprise from the emerging markets but we're not counting on it."
Reports suggest the electric Renault Kiwd will be called as the 'e-Kwid' and will initially have a range of 140 kilometers on a single charge to support local daily commute. The car will be powered by a lithim-ion battery. We don't expect Renault India to be in a hurry to bring in the e-Kwid to India. India still has a long way to go in the electric mobility race. Heavy investment in charging infrastructure and more over coordination of all stake holders to come together and implement a plan is easier said than done.
Time and again Modi led government has stood by its ambitious dream of achiving 100% electric cars in India by 2030. State run EESL has already awarded the tender to Tata Motors and Mahindra & Mahindra to procure 10,000 electric cars and is expected to float another tender early next financial year. If Renault India is able to get its e-Kwid to India before the likes of Maruti Suzuki and Hyundai it will have a head start in the electric race considering Kwid is the only small car to have tasted some decent success in the small car space in recent times.
While moves to EVs is inevitable, this particular move by 2030 is going to cost India approximately 20 lakh crore as per a report shared by Government's think tank Niti Aayog and Rocky Mountain Institute.