'VW targeting cheaper EV'

http://europe.autonews.com/article/20160203/ANE/160209970/renault-nissan-plan-cheap-ev-for-china
Renault-Nissan plan cheap EV for China
Nissan sells the Venucia e30, a local version of the Leaf, in China.
February 3, 2016  Nick Gibbs

WUHAN, China -- Renault-Nissan will develop an affordable electric car for
China because the alliance's current offering, the Nissan Leaf, is too
expensive for the local market.

Nissan sold just 1,273 units of the Venucia e30, a local version of the
Leaf, in China last year, according to the China Association of Automobile
Manufacturers (CAAM). The car starts at 242,800 yuan ($36,900).

Ghosn said he was unhappy with Venucia sales. "We envisaged much more than
that. We know price is a handicap," he said.

"For me the solution will be a very cheap electric car," Ghosn told
journalists at the opening of Renault’s plant here in central China on
Monday.

Ghosn did not comment on possible sales in markets outside China such as
Europe or the size of the car.

China's market for cars termed 'new energy vehicles' -- pure EVs and plug-in
hybrids -- has rapidly expanded in the last few years to reach 379,000 in
2015, according to government figures quoted by the China Daily newspaper.

Renault EV

Renault will sell its electric Fluence EV in China from 2017 under a Chinese
brand name, a condition imposed by the Chinese government foreign automakers
in return for a license to build cars in the country. The Fluence EV will be
assembled at Renault's Wuhan plan using kits imported from the company's
plant in Korea.

Renault expects to sell just a few thousand Fluence EVs a year, the
automaker's chief competitive officer, Thierry Bollore, said.

The car will be badged with an unused brand name from Dongfeng,
Renault-Nissan's joint venture partner in China.

China's EV market has been driven by substantial subsidies from the
government, which has said it wants five million new-energy vehicles on the
road by 2020.

Ghosn said that despite the incentives, most sales were very cheap electric
vehicles made by local brands costing between 30,000-50,000 yuan
($4,600-$7,000). The biggest selling electric car last year was the tiny
Kandi EV city car with 16,736 sold, according to CAAM.

"The government is saying we want more electric cars. The public is saying
'yes, but we want them cheap'," Ghosn said.

He said Renault-Nissan would start development of an affordable electric car
but the automakers first had to define what the public would accept. "We
need to work out what are the best compromises between acceptable
performance and lowest price possible," he said.

Hu Xindong, the joint head of the Dongfeng-Renault joint venture, described
purchase of EVs in China as "passive," driven by incentives rather than
choice.

He cited the example of China’s two biggest cities Shanghai and Beijing
where residents obtain a license plate – essentially permission to own a car
- free if they buy an electric vehicle.
[© autonews.com]



http://www.motoring.com.au/vw-plotting-worlds-cheapest-ev-101163/
VW plotting world’s cheapest EV
[20160201]  Details emerge of Volkswagen's all-new, Telsa-fighting
high-volume electric car Using new 48-volt on-board power supply technology
that will deliver a range of at least 300km, the unnamed vehicle is
understood to part of …




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