PARIS: France’s Renault expects its sales of electric and hybrid cars to more than double to 350,000 in 2021, two sources close to the company said, as automakers battle to get ahead in cleaner driving.
Amid tougher emissions regulations, car companies are switching to battery-powered vehicles, a market dominated by US specialist Tesla and Germany’s Volkswagen, which is ramping up production and investments.
Renault’s working hypothesis for 2021, bar hiccups due to a shortage of components such as semi-conductor chips, is for sales of electrified vehicles to reach 350,000, the two sources with knowledge of its internal estimates said.
That includes some 150,000 fully electric vehicles and around 200,000 hybrid models, they added. The group aims to make 30% of sales for the Renault brand from fully electric cars by 2025, with another 35% from hybrid models.
