RENAULT AIMING FOR POLE POSITION WITH ELECTRIC MODELS

In the world’s largest automobile market vis a vis China, Renault has taken a deliberate stance of phasing out its gasoline models and throwing its might behind Light Commercial vehicles and electric cars.

The car maker Renault announced on Tuesday that it would sell its 50 % stake it holds in its Chinese JV Dongfeng Renault to its partner Dongfeng. This would mark the culmination of its 6-year partnership with the Chinese coun....