Renault has reiterated its support for electric cars, according to reuters.com. A joint venture collapsed recently, causing Renault to speak out on its position.
The alliance chief of Renault-Nissan, Carlos Ghosn has invested a bigger share into the technology than any other mass-market car manufacturer, taking a gamble on electric cars becoming hugely popular, particularly in places like China.
Better Place teamed up with Renault in 2008 to build a system that combined battery swap stations with charging points in a bid to quell worries of drivers running out of power whilst out and about. The original plan was to sell 100,000 units, but sales only reached around 900.
While sales may have been weaker than anticipated, the technology still has supporters, with the German Chancellor, Angela Merkel reiterating her pledge to have one million electric cars on the roads of Germany by 2020.
The recent breakdown of the partnership has been linked to a slow uptake in electric cars, in part due to a lack of recharging stations.
An analyst at Natixis, Georges Dieng said: "The impact is more one of image, as Renault is the only constructor strongly invested in this [swap] technology.
"They will probably focus now on normal and rapid recharging systems."