Renault and Nissan Announce Plans to Launch two Electric Compact Cars in India

Renault and Nissan have announced a new long-term vision for India, increasing production and R&D activities, introducing electric vehicles, and transitioning to carbon-neutral manufacturing. The alliance will invest $600mn supporting six new models to be made in India, including two electric vehicles.

The two new A-segment electric vehicles will be the first EVs for both Renault and Nissan in India.

The two companies also announced an increase in R&D and associated activities at the Renault Nissan Technology & Business Centre India, which is expected to create up to 2,000 new jobs at the site near Chennai, focusing on new Indian and international projects.

The alliance's plant in Chennai announced its roadmap to carbon neutrality.

This will be achieved by 2045, through an ongoing programme to transition to 100% renewable energy, while reducing energy consumption at the plant by 50% compared to today.

The plant already sources more than 50% of its electricity from renewables, including solar, biomass and wind.

Guillaume Cartier, Chairperson for Nissan’s Africa, Middle East, India, Europe and Oceania region, says: "Renault and Nissan are fully committed to the Indian market, committed to electrifying the Indian market and committed to minimising our impact on the environment. India was the first Alliance plant and India will be at the centre of this new chapter of the Alliance, with new vehicles, new R&D activities and new export markets taking our joint operations to the next level.
“For the first time, the Nissan line-up in India will reflect our global power in high-quality SUVs and EVs, bringing greater value to our employees, customers and communities.”

François Provost, International Development & Partnerships Renault Group and Managing Director of Alliance Purchasing Organization, adds: “India is a key market for Renault Group. Over the past 14 years, we have been developing the Renault Brand with our teams and dealers, up to reaching 100 thousand vehicles sold per year. India has also a key role in our R&D worldwide footprint. This project together with Nissan is a first concrete output of the new Alliance ambition released on February 6th.”

Under a new framework agreement, Renault Nissan Automotive India Private Ltd (RNAIPL) will move to an ownership of 51% Nissan - 49% Renault.