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Renault: Top 3 Market in India by 2030?

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By ThePip Desk•
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Four engineers in hard hats and work clothes meticulously assemble an electric car chassis in a bustling factory in India.

Engineers in an Indian factory assemble an electric vehicle chassis.

Key Highlights

Renault targets India as a top 3 market by 2030, launching 7 new vehicles, including EVs. Aiming for 50% EV sales in India by decade’s end.

Renault is aiming to position India among its top three global markets by 2030, according to the company’s CEO. The French automaker intends to launch seven new vehicles in India, including electric models, as part of this strategic initiative.

By the end of the decade, Renault anticipates that electrified vehicles will constitute approximately 50% of its total sales within the Indian market. This move highlights Renault’s focus on and investment in the expanding Indian automotive sector.