Renault India CEO sees hybrids, CNG making up 50% of sales in 2-3 years; eyes 3-5% market share by 2030

Renault India expects hybrid and compressed natural gas (CNG) vehicles to account for as much as half of its sales over the next two to three years, as the French automaker steps up its push for multiple powertrain technologies in the Indian market, according to Renault India CEO Stephane Deblaise.

“It is possible, 50 per cent is possible from hybrid and CNG, but we do not have a target,” Deblaise told news agency PTI.

The comments come as Renault expands…