Renault to Become an Electric-Only Company in Europe by 2030

The CEO of the company made the announcement.

Europe is leading the charge towards fully electric mobility with upcoming combustion engine restrictions for many countries, and a proposed EU-wide ICE banning starting in 2035. Some automakers are forced to rethink their strategies and move faster towards EV-only models. Renault has just announced that it will go fully electric by 2030.

Luca de Meo (CEO of the French automaker) made the announcement. Automotive News Renault will stop selling combustion-powered cars starting in 2030. The brand has joined Ford, Opel, Peugeot and other major players from the Old continent are supporting the company’s commitment to going fully electric by the end the decade.

De Meo stated that Renault will be 100 percent electrified by 2030 in Europe during an event held at Renault’s technical centre near Paris earlier this week. This update is a copy of de Meo’s statement from 2021 that included 90% electrification by 2030.

Renault to Become an Electric-Only Company in Europe by 2030

Renault operates several brands and not all will be fully electric. De Meo stated that Dacia will be electrified at the “last possible moment” and that it will keep its “value-for-money” philosophy. We don’t know much about Lada, but we believe it will be the last Renault Group brand to go electric due to the Russian market.

At the moment, Dacia only has one electric model for sale. It’s currently the most affordable EV on European markets. The brand’s other vehicles rely solely on LPG versions of its combustion engines.

Renault plans to launch at least four fully electric models by 2025 in order to reach its goal. The Renault 5EV is a compact SUV, small crossover and van. These vehicles will be joined by the Renault Zoe, which was Renault’s first mass-produced electric vehicle and the recently launched Megane Electric. De Meo stated to journalists that they have an obligation of participating in the transition.