Renault is planning to bring the electric version of Kwid in India in a few years’ time. The Renault Kwid is the most successful product from the French automaker in India. The Kwid has helped the company mount a serious challenge to Maruti Suzuki and Hyundai in the small car segment. The Kwid electric is likely to be priced at around Rs 6 lakhs if it makes to India, and will compete directly with the Mahindra E2O. A team of engineers which developed the Renault Kwid in India have visited China to seek help with the development of an electric version of the car.
The Renault Kwid is currently one of the cheapest cars to buy in India. It is powered by an 800cc petrol engine paired with a 5-speed manual transmission, while the 1.0-litre engine gets both manual and AMT options. The platform of the Kwid has been developed in India. The Chinese engineers working on the electric variant are going to help out with their battery and battery-management system expertise into the project.
“The vehicle will get ready for the market in 12-18 months. So, it is only a matter of time before the (electric) Kwid comes to India“, said an ETAuto source.
This comment further bolsters Renault chairman Carlos Ghosn’s statement last year, when he said “Once the Kwid electric was made in China, there was no reason why it should not be exported to India, Brazil and the Middle East”.
Renault had announced plans to bring an electric vehicle to India in their 2022 global roadmap. Globally, the Renault-Nissan Alliance is planning to launch a dozen electric vehicles by 2022. Renault has the expertise in electric vehicle technology globally and once clarity emanates on the policy front, the carmaker can quickly bring an electric vehicle to India.
Renault India MD Sumit Sawhney said,
You have to bring the right product to the market. Today, 40% of the cost of an electric vehicle is the battery. Localisation is the key factor if one has to make the value proposition for the consumer attractive.