• 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
Friday, October 9, 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
19.7k
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

Ghana’s ST Mobility targets Nigeria with 5,000 EVs annually after $4.5 million factory expansion

Polestar nears US sellout of 2026 models as vehicle ban looms

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

Ghana ST Mobility SolarTaxi
Cars/SUVs

Ghana’s ST Mobility targets Nigeria with 5,000 EVs annually after $4.5 million factory expansion

October 9, 2026
Polestar in US
Cars/SUVs

Polestar nears US sellout of 2026 models as vehicle ban looms

October 9, 2026
BYD
Cars/SUVs

Chinese car brands double to 20 at Paris Show as European carmakers face pressure

October 9, 2026
EV sales
Cars/SUVs

Why Americans are pulling back from EVs while Europeans buy more

October 8, 2026
General Motors EV
Cars/SUVs

GM faces growing pressure as hybrid demand surges, buyers look elsewhere

October 6, 2026
Toyota
Cars/SUVs

Toyota targets $19.2 billion in new revenue by turning car ownership into a long-term business

September 18, 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
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
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

EDITOR'S PICK

Paul Walker's 2000 Nissan Skyline GT-R R34

Own a piece of movie history: Paul Walker’s GT-R up for auction

March 30, 2023
Saudi Aramco acquires 10% stake in Renault-Geely joint venture valued at €7.4 bn

Saudi Aramco acquires 10% stake in Renault-Geely joint venture valued at €7.4 bn

July 1, 2024
South African Police deploy 50 new VW Golf GTIs for patrols

South African Police deploy 50 new VW Golf GTIs for patrols

October 2, 2024
Toyota

Toyota bets on quality as Chinese automakers gain ground in Australia

June 30, 2026

About

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

Follow us

Recent Posts

  • Ghana’s ST Mobility targets Nigeria with 5,000 EVs annually after $4.5 million factory expansion
  • Polestar nears US sellout of 2026 models as vehicle ban looms
  • Chinese car brands double to 20 at Paris Show as European carmakers face pressure
  • Toyota announces $1.34bn investment in Argentina’s biggest-ever electrified vehicle project

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?