Will launch EV in India by 2022 but govt must build ecosystem: Renault

Representative Image

French auto major Renault on Wednesday said it will bring electric vehicle (EV) in India by 2022 but wants the government to aggressively develop ecosystem "before any forced" launches in the country.

Stating that India is still not equipped with the ecosytstem for EVs, Renault India Operations Country CEO and MD Venkatram Mamillapalle said launching EVs now and "having the cars in the garages makes no sense".

"We are venturing into EV space. You will definitely see something coming up by 2022, but before I say that we want to enter into the EV segment, the most important thing is the ecosystem," he told reporters here.

Mamillapalle said India is still not equipped with the ecosystem for EV cars, adding "launching EV cars even now in India is halo".

He further said, "Giving wrong promises that we will launch EV tomorrow and having the cars in the garages makes no sense".

Stressing on the need for infrastructure to support adoption of EVs, Mamillapalle said, "I am expecting that the government will work on the ecosystem and I am sure they are working on that. We need to see very aggressively the ecosystem getting developed before any forced EV launches in India".

At the moment, he said, "You can't travel from Mumbai to Delhi for sure on an EV and the day we have an ecosystem which can support such a travel that's the time EV in India is ready".

There has been a lot of debate on future of electric mobility in India with government think tank Niti Aayog pushing for it.

Currently, Tata Motors offers its Tigor EV, while Mahindra & Mahindra has Verito electric sedan in the mass segment in India.

Recently, South Korean auto major Hyundai has introduced its fully electric SUV Kona, while MG Motors is also lining up five-seater pure electric SUV EZS to launch later this year.

German luxury car maker Audi had unveiled its e-tron EV SUV in India with plans to launch by the last quarter of 2019, while BMW is also studying the feasibility of launching its i3 electric car in India.

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.

We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

Business Standard is now on Telegram.
For insightful reports and views on business, markets, politics and other issues, subscribe to our official Telegram channel