The Bajaj-Renault-Nissan alliance could extend beyond the ‘ultra low-cost car’ (ULC) to include a range of electric vehicles.
Nissan-Renault boss Carlos Ghosn recently announced that he plans to start mass production of electric vehicles as part of his strategy to boost demand, which is now sluggish due to high fuel prices.
According to sources in the vendor circuit, Nissan-Renault may look at its ULC alliance with Bajaj for affordable production of e-vehicles. When contacted, Bajaj Auto MD Rajiv Bajaj refused to comment.
If the Bajaj-Renault-Nissan alliance does get into e-vehicles, it will be one more segment, apart from the Nano, where the combine will have a face-off with the Tatas.
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