Renault adds to electric car range with sportier model

In this news, we discuss the Renault adds to electric car range with sportier model.

MEUDON, France (Reuters) – French automaker Renault on Thursday unveiled a new electric car concept with a larger, sportier design, as it relies on mid-size family vehicles in an attempt to recover.

Under the leadership of new CEO Luca de Meo, the loss-making company aims to focus on its most profitable models and raise prices, as well as take a big step forward on electric vehicles.

The company’s latest show car, dubbed “Mégane eVision,” features large SUV-style wheels, but with a more compact design. Renault said it would be a mainstay of the “compact” car category, which it wants to develop and which is more profitable than smaller cars.

“A whole new generation of innovative electric vehicles is coming,” De Meo said in a statement, ahead of the model’s presentation.

Renault was already grappling with declining sales before the COVID-19 pandemic and is simultaneously trying to restart a strained relationship with its Japanese partner Nissan.

The new electric car would be the first to be built on the CMF-EV platform, or vehicle architecture, jointly developed by Renault, Nissan and Mitsubishi.

The final model for production will be unveiled in 2021, Renault added. The company already makes a small electric car called Zoe.

Sources previously told Reuters that De Meo – who arrived in July and is expected to present its strategy in January – wanted to build on Renault’s popular Megane range.

Report by Gilles Guillaume; Written by Sarah White; Editing by Mark Potter

Original © Thomson Reuters Corporation

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