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Renault bets big on hybrids, CNG to win back India

French automaker Renault is planning a significant shift in its sales strategy for India by heavily investing in hybrid and compressed natural gas (CNG) vehicles, according to chief executive Stephane Deblaise. The company anticipates that hybrid and CNG cars could make up nearly half of its sales mix in the country within the next two to three years.

Renault is launching its first strong hybrid model, the Duster SUV, and plans to introduce CNG-fitted versions of its vehicles. Deblaise emphasized that the company is betting on multiple powertrain technologies to revive its presence in India, as the market is increasingly demanding diverse options and adhering to stricter emissions regulations.

The company's strategy aligns with the larger trend of automakers diversifying their powertrain offerings to cater to evolving consumer preferences and tightening environmental standards.

Written by urgent.news from The Economic Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at economictimes.indiatimes.com →

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