Renault delays launch of ZOE

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Renault SA (EURONEXT: RNO), a France-based automaker, has delayed the launch of its all-electric ZOE hatchback.

The automaker has taken this step because ZOE is expected to take the spotlight away from the fourth-generation Clio. The ZOE’s base price will be higher than the Clio’s, but a government bonus awarded for the purchase of a zero-emission car will decrease it to within a few hundred euros of the petrol powered vehicle’s price tag.

The automaker will start delivery of the vehicle in January 2013.

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