Renault’s Dacia CEO says it will stick with thermal engines for as long as possible

Renault’s Dacia CEO says it will stick with thermal engines for as long as possible

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By Jill Guillaume

PARIS (Reuters) – Dacia is a low-cost brand of the French automaker Renault Dennis Le Vot, chief executive of Reuters, said the EPA plans to stick with heat engines for as long as possible while the rest of the group is betting heavily on the transition to electric.

While Renault plans to go all-electric in 2030, Dacia will retain the potential for a significant leap forward only to 2035, when fossil fuel engines are banned in Europe, Le Vot said in the interview, adding that this would help hedge the group’s electric car. Pay.

“Everyone has a role to play,” Le Foot said on the sidelines of a show in Le Bourget near Paris. “Renault will strive to be the champion of electric motors, and that carries risks.” This is the reason for the existence of the Dacia.

“Depending on how quickly the market shifts to electric motors and the appetite of customers, Dacia is here. The two can coexist in an intimate way,” he said.

Dacia has only one electric model, the Dacia Spring, which accounts for 12% of order intakes.

While it continues to rely on small engines running on fossil fuels and LPG, which make up a third of the brand’s sales, Dacia plans to introduce its first hybrid model in 2023.

Renault, which along with alliance partner Nissan (OTC :), which pioneered the electric vehicle drive segment for a decade, has recently been decimated by new entrants like Tesla (NASDAQ:).

In an effort to bounce back, Renault will unveil later this year its plan to create separate divisions for electric vehicles and combustion vehicles.

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