PARIS — Renault is predicting that its gross sales of full-electric and hybrid automobiles will greater than double in 2021 from a yr earlier, two sources near the corporate mentioned, as automakers race to attempt to achieve an edge within the phase.
Automotive corporations are battling to remain forward of a shift in direction of zero-emissions automobiles, a market already dominated by Tesla and Volkswagen Group, which is ramping up its manufacturing efforts and investments.
Renault’s working speculation for 2021, bar issues on account of a scarcity of elements corresponding to semiconductor chips, is for gross sales of hybrid and full-electric automobiles to succeed in 350,000, the 2 sources with data of its inner estimates mentioned.
The determine, which incorporates the group’s Renault and Dacia manufacturers, compares to the VW model’s projection for 450,000 electrified automobile deliveries this yr, which incorporates plug-in hybrid and full-electric automobiles.
The broader VW Group, which additionally contains manufacturers corresponding to Seat and Audi manufacturers, is focusing on 1 million electrified automobile deliveries in 2021.
Renault declined to remark.