A Renault badge sits illuminated on the front of a Renault SA Trezor concept automobile as it stands on display on the second day of the 87th Geneva International Motor Show in Geneva, Switzerland, on Wednesday, March 8, 2017. The show opens to the public on March 9, and will showcase the latest models from the world's top automakers. Photographer: Luke Macgregor/Bloomberg
Automakers can expect rising global demand over the coming decades, even if “dramatic” changes to the industry mean fewer people actually own their cars, Renault SA’s head of electric vehicles said.
The emergence of driverless robo-taxis after 2025, along with electrification, smart travel apps and the growth of car sharing, may slow demand in advanced economies such as the US and Europe, said Gilles Normand, the French company’s senior vice-president for electric vehicles.
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