How Renault Aims to ‘Democratize’ the EV Market in Europe By 2026
How Renault Aims to ‘Democratize’ the EV Market in Europe By 2026
Staff
Fri, 11/17/2023 - 10:33
Overall, there will be around 40 percent price reduction in manufacturing costs by 2027-28
The French global car-maker Renault is now aiming for new strategies for its newly formed combined software and electric vehicle business. According to the company, the strategy is expected to democratize the battery backed cars market in Europe, which in turn would make the price of EVs the same as that of conventional gasoline cars.
[original story: Circuit Digest]