All European carmakers have stopped developing new ICE, says Renault boss

  • Renault chief Luca de Meo believes all the automakers are solely investing in EVs and hydrogen, not in internal combustion engines.
Renault chief Luca de Meo believes all the automakers are solely investing in EVs and hydrogen, not in internal combustion engines. (REUTERS)
Renault chief Luca de Meo believes all the automakers are solely investing in EVs and hydrogen, not in internal combustion engines.

Despite the internal combustion engines having a sizeable life shelf lying ahead, the automakers in Europe have stopped developing new fossil fuel-driven power mills, believes Renault CEO Luca de Meo. He believes that all European car manufacturers have stopped investing money into ICE projects, claims Politico. Instead, the OEMs are pushing funds into electric vehicles and hydrogen projects.

Luca de Meo's assumption comes at a time when the auto industry worldwide is hurrying for the transition towards greener mobility, and pure electric vehicles are at the forefront of that trend. In Europe, the European Union has mandated that no new internal combustion engine-powered cars will be sold after 2035. This has prompted European automakers to push harder for greener mobility, which justifies Renault CEO's comment.

Also check these Cars

Find more Cars
Renault Kwid (HT Auto photo)
Engine Icon999 cc FuelType IconPetrol
₹ 4.70 - 6.45 Lakhs
Compare
View Offers
Volvo Xc40 Recharge (HT Auto photo)
BatteryCapacity Icon78 kWh Range Icon592
₹ 54.95 - 57.90 Lakhs
Compare
View Offers
Volkswagen Polo 2024 (HT Auto photo)
UPCOMING
Engine Icon999 cc FuelType IconPetrol
₹ 8 Lakhs
Alert Me When Launched
Bmw 2 Series Gran Coupe (HT Auto photo)
Engine Icon1998.0 cc FuelType IconMultiple
₹ 37.90 - 45.50 Lakhs
Compare
View Offers
Maruti Suzuki Xl5 (HT Auto photo)
UPCOMING
Engine Icon998 cc FuelType IconPetrol
₹ 5 Lakhs
Alert Me When Launched
Renault Duster 2025 (HT Auto photo)
UPCOMING
Engine Icon1499 cc FuelType IconPetrol
₹ 10 Lakhs
Alert Me When Launched

Also Read : Volkswagen to take Tesla route in EV industry. Details here

Luca de Meo said no automaker in the European continent is developing a new combustion engine from scratch. "I don't think there's anybody ... that's developing a completely new engine in Europe. Nobody is, you know, from scratch developing a new combustion engine in Europe. All the money is going to electric or hydrogen technology," he said.

British luxury automaker under the Tata Group, Jaguar, has said that it will bid adieu to the ICE vehicles as early as 2025, with Renault, Volvo, Ford, Bentley and Rolls Royce will follow suit by 2030 in Europe. Stellantis aims to abandon petrol and diesel engines by 2030. Audi will launch only electric cars from 2026 and intends to end production of ICE models by 2033. Its archrivals BMW and Mercedes-Benz have committed to going fully electric before 2030 if that becomes mandatory in certain markets under the EU. Volkswagen and Skoda have expressed their desire to transition to an electric portfolio by launching many zero-emission models in the coming years.

First Published Date: 26 Mar 2023, 08:07 AM IST
NEXT ARTICLE BEGINS

Check Latest Offers

Please provide your details to get Personalized Offers

Choose city
+91 | Choose city
Choose city

Want to get the best price for your existing car?

Powered by: Spinny Logo
By clicking "View Offers" you Agree to our Terms and Privacy Policy
Dear Name

Please verify your mobile number.

+91 | Choose city
Couldn't verify the OTP.
It's either expired or it's incorrect.