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The Latest: Renault targets Chinese market with urban car
Technology
Published in 2-10-2018
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PARIS (AP) The Latest on the Paris Auto Show (all times local): 11:25 a.m. Renault is displaying a new subcompact urban electric vehicle aimed at China, the world's largest car market, during the Paris Motor Show. Carlos Ghosn, chairman and CEO of the Renault-Nissan-Mitsubishi, unveiled the K-ZE, praising China as the country where the government is "putting the most incentive to support electric cars." Ghosn's push into electric dovetails with his diesel reduction strategy. He told a forum ahead of the show that Renault is cutting by fifty percent its diesel offerings and Nissan will completely exit diesel. "This is the end of it" he said, adding, "today the trend is absolutely not in favor of diesel.
Reference: www.chron.com