Renault to end production of diesel cars by 2020 - to focus on locally manufacturing EVs by 2022
Renault India has announced that they will stop producing diesel cars in India post-BSVI implication from April 1, 2020. Thierry Bollore, global CEO of Renault S.A confirmed that the company will stop sales of diesel vehicles in India post-2020.
"Diesel is naturally decreasing in terms of proportion of sale globally. It is massive, but not sudden. Today there is a clear regulatory approach, we have decided to limit the development of diesel powertrain when Euro VII comes," said Bollore to ETAuto. By the end of FY-19, the sales of diesel cars dipped by 19 per cent.
"EV is part of the mid-term plan for 2022 and the company will look at local manufacturing of the same in India." he said about focusing on the EVs. Renault plans to locally manufacture EVs in India to keep the pricing in check. However, the company is not in words with any local supplier at the moment.
"Too short or no, but, I can appreciate it. This is a trend (world over), especially in big cities, they want clean mobility in city." said Bollore about government's plans for 100 per cent electrification by 2030.
"The world is changing very fast, with the magnitude of change on the horizon which calls for a significant capex, it makes sense, if you have a right partner and at right place to share investments," said Thierry Bollore.
Source - ETAuto
