Renault-Nissan CEO Carlos Ghosn is Bullish on Future for Cheap EVs

RenaultRenaultFrance, 1898 > present189 models
6052 photos
17 videos
-NissanNissanJapan, 1932 > present159 models
6957 photos
12 videos
CEO Carlos Ghosn says that there is a possibility for an EV or hybrid DaciaDaciaRomania, 1966 > present11 models
478 photos
3 videos
in the future. Ghosn believes that the electrified vehicle market will continue to grow, which will drive down the prices for the technology.

“As cities get charging stations more people are going to come, and of course the cost of the cars will come down too. So there is nothing that forbids an electric Dacia car in the future. The day there is demand, of course, we will be able to produce it.”

Ghosn predicts that every major automaker will have either an EV or a plug-in hybrid by 2020.

“You cannot continue to prosper in this industry without electric cars and plug-in hybrids,” he said.

He believes that by 2020, 10% of EU cars sales will be electrified.

“When demand is ready for this, we will be there. Obviously we are helping with demand by lowering the cost of electric cars and by signing agreements with cities across the world for electric cars,” he said.

Source: Auto Express