• News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Sunday, June 28, 2026
  • Login
Auto Journal Africa
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
Ask Autojorunal AI
No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa
No Result
View All Result
Morning News
No Result
View All Result
Home Business

Renault’s EV strategy signals end of fuel-only cars in Europe

David Ijaseun by David Ijaseun
March 11, 2026
in Business, Cars/SUVs
0
Renault
2.1k
SHARES
19.6k
VIEWS
Share on FacebookShare on Twitter

Renault plans to stop selling fuel-only cars in Europe by 2030, marking one of the clearest signals yet that traditional petrol engines may soon disappear from the continent’s showrooms.

The French carmaker unveiled the plan as part of a multi-year strategy aimed at boosting sales of Renault-branded vehicles by nearly 23% to two million units annually by 2030.

READ ALSO

TSA braces for nearly 19m travellers during record fourth Of July rush

Rick Ross sparks Ferrari backlash after using supercars as horse feeders

Last year, however, the transition was still far from complete. About 40% of Renault vehicles sold in Europe were powered solely by fossil fuels.

Push Toward the Electrified Vehicles Market

Under the strategy, Renault said it aims for 100% electrified sales in Europe by 2030, including hybrids, while targeting 50% electrified vehicles outside Europe.

The company also plans to expand electric offerings at its budget brand Dacia. The brand currently sells one electric model but plans to increase that number to four.

Renault expects to launch 22 new models in Europe, including 16 electric vehicles, alongside 14 models for international markets.

Building a New Electric Vehicle Platform

A key part of the plan involves building a new electric vehicle platform together with Google.

Renault said the platform will run on Android-based carOS, enabling 90% of vehicle functions to be updated remotely, similar to software updates on smartphones.

The system is also expected to support ultra-fast charging technology, potentially allowing vehicles to charge in as little as 10 minutes.

Profit Pressure and Industry Divide

Despite the push, electric vehicles remain less profitable for the automaker.

Renault’s automotive operating margin fell from 7.6% in 2024 to 6.3% last year, and the company expects it to drop further to 5.5% next year.

Chief executive François Provost said the company’s goal is to produce vehicles in Europe that are “best-in-class in terms of desirability, technology and competitiveness.”

The strategy contrasts with rival Stellantis, which recently announced a €22-billion write-down on its EV operations, citing weaker-than-expected demand for electric vehicles.

Read also: Chinese carmakers outsell Renault, Audi in Europe as plug-in hybrid sales jump 121%

Tags: HeadlinepetrolRenault

Related Posts

TSA
Aerospace

TSA braces for nearly 19m travellers during record fourth Of July rush

June 26, 2026
Rick Ross Ferrari horse
Cars/SUVs

Rick Ross sparks Ferrari backlash after using supercars as horse feeders

June 26, 2026
clean gas
Cars/SUVs

Dutch consumer groups urge EU action over ‘clean gas’ claims

June 26, 2026
Polestar in US
Business

Polestar faces US sales ban as America tightens rules on China-linked EVs

June 26, 2026
Electric Vehicle Charging Stations
Cars/SUVs

CNG, electric vehicles as viable options top NAJA’s Auto summit

June 25, 2026
Kia and Hyundai Cars theft
Cars/SUVs

Kia, Hyundai owners warned as viral theft trend returns

June 24, 2026
Next Post
Electric Vehicles

US lawmakers push new EV tax to close $275bn road funding gap

POPULAR NEWS

Inferno at Toyota 1000 Desert Race consumes 49 cars

Inferno at Toyota 1000 Desert Race consumes 49 cars

July 3, 2023
Mobius Motors

Mobius Motors: Rising taxes, competition ends Kenyan SUV maker’s journey

August 7, 2024
Autojournal car race

Get ready for the biggest RACE show this December in Nigeria

August 12, 2024
From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

From style to sustainability: How Geely Auto is shaping the future of luxury vehicles

October 25, 2024
Rolls-Royce La Rose Noire Droptail 2026, the most expensive car in 2026

Ultra-luxury: The 10 most expensive cars in the world in 2026

January 7, 2026

EDITOR'S PICK

Carloha Nigeria

Carloha Nigeria opens new outlet in Lagos, debuts luxury, electric vehicles

September 14, 2023
electric vehicles (EVs)

China to tighten EV exports with permit system after 1.65m shipped in 2024

September 27, 2025
Morocco EV factory

Morocco sets bold course to lead green mobility revolution in Africa

February 22, 2025
The ‘Merseries’ of Mercedes

The ‘Merseries’ of Mercedes

January 1, 2023

About

Auto Journal Africa is the leading online and print magazine for automobiles in Africa.

Follow us

Recent Posts

  • 14 dead in Saudi Aramco helicopter crash near critical oil hub
  • BMW and Rover: How a rescue deal became the end of the road
  • TSA braces for nearly 19m travellers during record fourth Of July rush
  • Rick Ross sparks Ferrari backlash after using supercars as horse feeders

Links

  • Privacy Policy
  • About Us
  • Contact Us
  • Terms & Conditions
  • News
  • Reviews
  • Events
  • Tools
  • For Sale

© 2023 Auto Journal

No Result
View All Result
  • News
    • Tech
    • Lifestyle
    • Business
    • Opinion
    • Premium
  • Reviews
  • Events
    • Nigeria
    • South Africa
  • Tools
    • Price Guide
    • Find your idea car
    • Car valuation
    • Sell your car
    • Car insurance quote
    • Locate a dealer
    • Deals
  • For Sale
    • New Cars for sale
    • Cheap Cars for sale
    • Bikes for sale
    • Trucks for sale
    • Boats for sale
    • Jets for sale in Africa
    • Cars under 5m
    • EV in Nigeria
    • EV in South Africa

© 2023 Auto Journal

Welcome Back!

Sign In with Google
OR

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?