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Renault Aims to Stop Selling Fuel-only Cars in Europe by 2030
Renault aims for 100% electrified sales in Europe by 2030, increasing Dacia’s electric range and launching 22 new models, including 16 electric vehicles, the company said.
- On March 10, Renault said it aims to end sales of simple internal combustion engine vehicles in Europe by 2030 and will co-develop a new electric car platform and carOS with Google.
- To lift Renault-brand volume, the company plans a nearly 23% sales rise to two million per year by 2030, shifting Dacia's range from one to four electric models as 40% of last year's Europe sales were fossil fuel-powered.
- Renault also prioritises software and charging upgrades, aiming for 90% of vehicle functions to be updateable remotely and ultra-fast charging in as little as 10 minutes, while releasing 22 new models in Europe including 16 electric ones.
- The company faces margin pressure as Renault's operating margin fell from 7.6% in 2024 to 6.3% last year, is set to drop to 5.5% next year, and electric vehicles earn less profit than fossil fuel-powered vehicles.
- Against a backdrop of industry write-downs, Renault's CEO François Provost said the ambition to achieve 100 percent electrified sales in Europe and 50 percent outside by 2030 contrasts with rival Stellantis' €22-billion EV write-down last month.
15 Articles
15 Articles
Controlled Service Stations, End of Sale of Thermal Renault, King Arthur Festival: the Mid-Day Point
231 gas stations controlled in France as fuel prices blaze; the end of the sale of Renault thermal vehicles in Europe by 2030; the programming of the 15th edition of King Arthur's festival: here is a summary of the news of this Tuesday, March 10.
Renault aims to stop thermal cars in Europe by 2030 and increase to 100% electric, electrified and hybrid sales. The diamond manufacturer presents its strategic plan 2026-2030 this Tuesday.
This announcement comes at a time when sales of all-electric cars were slower than expected and the European Union relaxed its electrification target by 2035 in December, opening the door to hybrids.
The aim is now to sell in Europe 100 % of electrified vehicles - distributed between 50 % electric models and 50 % hybrids.
The Renault group intends to stop selling purely combustion engine cars of its Renault brand in Europe by 2030. The French car manufacturer will then concentrate on electric or hybrid vehicles.
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