The French automaker, Renault, is one of the trendsetters in the electric vehicle revolution. Renault and Nissan formed an Alliance to create Electric Vehicles. The company is also one of the founding teams of the Formula E championship with its Renault eDames team winning the first two seasons of the franchise. The company’s model range includes the popular neighborhood electric vehicle, the Twizy, which has been cloned in China as the Rayttle. Renault is rumored to bring a 200+miles version of the Zoe to market, expanding the options available to prospective buyers of electric vehicles at the lower end of the market. Renault’s ownership model is built around leasing its battery’s rather than selling the vehicle as a complete solution, allowing a lower price point but creating concerns around the ability to disable connected vehicles in the event of non-payment.
Although an early leader Renault has lost its momentum as the Group sees autonomous vehicles is a more imminent technology.