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Old 17th July 2008, 06:22   #1
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Default Bajaj-Renault-Nissan JV to build e-vehicles

Bajaj-Renault-Nissan JV to build e-vehicles

NEW DELHI: The Bajaj-Renault-Nissan alliance could extend beyond the ‘ultra low-cost car’ (ULC) to include a range of electric vehicles.

Nissan-Renault boss Carlos Ghosn recently announced that he plans to start mass production of electric vehicles as part of his strategy to boost demand, which is now sluggish due to high fuel prices.

According to sources in the vendor circuit, Nissan-Renault may look at its ULC alliance with Bajaj for affordable production of e-vehicles. When contacted, Bajaj Auto MD Rajiv Bajaj refused to comment.

If the Bajaj-Renault-Nissan alliance does get into e-vehicles, it will be one more segment, apart from the Nano, where the combine will have a face-off with the Tatas.

Tata Motors has entered into an arrangement with Chrysler to develop an electric version of the Ace light truck for sale in North America. Chrysler’s Global Electric Motorcars section will import the fully-built vehicles for sale in the US.

Source : Bajaj-Renault-Nissan JV to build e-vehicles- Automobiles-Auto-News By Industry-News-The Economic Times
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