PTI quoted French auto major Renault as saying that it has electric vehicles in its global portfolio but will wait for clarity in the government policy before launching such products in India. The company, which today launched a new limited edition of its hatchback Kwid in association with Marvel, would also keep on rolling out models with conventional engines in segments where it is not present.

Mr Sumit Sawhney, Renault India Country CEO and MD, said that "Renault is a global company and we have technology for electric vehicles. But to introduce such vehicles here in India, we need clarity in terms of government policy."

Mr Sawhney said that a clear road map is required as the company would need to put in a sizable investment for the new vertical.

He said that "We would also like to know the government support for infrastructure and charging stations before we decide to go ahead in the segment."

Meanwhile, the company will be showcasing electric vehicles from its global portfolio in the upcoming Auto Expo to be held from February 9-14.