Renault chief executive Luca de Mio has warned the automotive industry against launching an all-electric lineup, noting that it could have unintended consequences for the environment.
Speaking at The Financial Times’ Future of the Car Summit in London recently, D’Mio said that French carmakers are committed to electric vehicles but note that EVs have not yet been able to achieve price parity with ICE cars and have not been able to for some time. Given the rising raw material costs.
“The first thing I want to say is that Renault is clearly very committed to Ivy. We started here very early, and we believe that EV and possibly Hydrogen might be a good solution for some applications, “he said.” But if you look at the data, it’s clear that hybrid co-combustion engine sales are still at their peak. Couldn’t 6 There are challenges across social, financial and environmental perspectives that need to be considered. ”
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DeMio says electric vehicles are suitable for many car buyers for 85 percent of their general use, but they are not as effective for “two or three long trips a year.” Renault’s boss added that the lifetime CO2 emissions of EVs need to be considered closely, Autocar Comments.
“Then the lifetime CO2 for a car – from a cradle to a grave figure – the answer is not so obvious. Some alternative fuels, or hybrids, may be clearer than EVs in this measure, ”he added. “And then EVs have financial accessibility. We see the price parity by 2025, but now it may move away due to raw material inflation. “
Also, D’Mio believes that the strict EV mandate that has been implemented in the world market could harm the environment by stopping investing in the improvement of existing combustion engines and fuel technology.
While Renault sees a future for ICE and hybrid vehicles in the coming years, it is investing heavily in electric vehicles and last September, Megane unveiled the E-Tech, an all-electric compact crossover based on the same platform as the Nissan Aria. The car comes with a 40 kWh and 60 kWh battery pack and can be topped up with a range of 248 miles (399 km) in 30 minutes with a 130 kW fast-charger.