EVs, hybrids to make up 40% of Renault brand 2022 Europe sales -exec - 17 octombrie 2022
Fully electric and hybrid vehicles in 2022 have almost doubled as a percentage of the Renault (RENA.PA) brand's European sales over the last two years, an executive said ahead of the Paris Motor Show.
"In Europe, we will be at 40% this year," Fabrice Cambolive, the brand's chief operating officer, told reporters during a pre-show event organized in Aubervilliers (Seine-St-Denis), adding that the brand is well positioned to managed its planned shift to electric vehicles (EVs) by 2030.
In 2021, electrified models accounted for around a quarter of the Renault brand's European sales and around a third in the first half of 2022.
Overtaken by newcomers like Tesla (US.TSLA) and new Chinese carmakers, or by legacy heavyweights like Volkswagen (DE.VOW3) and Stellantis (US.STLA), Renault has pinned its electric hopes on its new Mégane and two small iconic models - a new Renault 5 and a new Renault 4, a small SUV that is a throwback to its 4L. It will unveil them at the Paris Motor Show.