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Renault India CEO targets 50% hybrid and CNG sales by 2029
Renault India CEO says hybrids and CNG could make up half its sales in 2-3 years, aiming for 3-5% market share by 2030.
In brief
Renault India CEO says hybrids and CNG could make up half its sales in 2-3 years, aiming for 3-5% market share by 2030. Renault India CEO Stephane Deblaise expects hybrid and CNG vehicles to account for up to 50% of sales in 2-3 years and target 3-5% market share by 2030. Originally reported by mint.
Renault India CEO's sales target
Renault India CEO Stephane Deblaise says hybrid and CNG vehicles could make up 50% of sales in 2-3 years.
“It is possible, 50 per cent is possible from hybrid and CNG, but we do not have a target”
Hybrid as diesel alternative
Renault positions hybrid technology as a replacement for diesel vehicles amid stricter emissions regulations.
“We are advertising it as Forget diesel, Go Hybrid”
Duster Strong Hybrid launch
Renault launched the Duster Strong Hybrid E-Tech 160, marking its entry into strong-hybrid segment in India.
“With more than one million E-Tech strong hybrid vehicles sold worldwide since 2020”
Hybrid vs CNG market focus
Renault expects hybrids for larger vehicles and CNG for compact models to meet different customer needs.
“The company is considering factory-fitted CNG offerings, including a CNG version of its Triber compact multi-purpose vehicle”
Duster Strong Hybrid specs
The Duster Strong Hybrid E-Tech 160 has ARAI-certified fuel efficiency of 29 km per litre with 1.8-litre petrol engine and 1.4 kWh battery.
“The powertrain delivers a combined output of 160 PS”
Price and variants
Duster Strong Hybrid variants start at ₹ 16.99 lakh (ex-showroom) with Evolution, Techno and Emotion trims.
“The new strong-hybrid Duster is available in three variants, Evolution, Techno and Emotion”
2030 market share target
Renault aims for 3-5% market share in India by 2030 through customer-focused products.
“We should be between 3-5 per cent in 2030. But we always say that it is not a target; it is a consequence of our job”
€2 billion export target
Renault plans to generate €2 billion in annual exports from India by 2030 covering vehicles and components.
“Renault also aims to generate €2 billion in annual exports from India by 2030”
Chennai engineering hub
Renault's Chennai engineering center supports India strategy with global technologies adapted for local needs.
“The company has identified its engineering and design centres in Chennai as important to its India strategy”
The main idea
Renault India CEO Stephane Deblaise expects hybrid and CNG vehicles to account for up to 50% of sales in 2-3 years and target 3-5% market share by 2030.
