Renault’s CEO says the premature switch to electricity could harm the environment

The summit organized by the Financial Times brought us a wealth of statements from the leaders of some of the brands we are very familiar with. Together with others, Renault’s CEO took a moment to say that if the transition to e-mobility happens too early, it could harm the environment.

The statements contradict what we have read about the benefits of change.

For many, switching to electric cars is the most effective solution for the benefit of the environment. However, Renault CEO Luca de Meo revealed, among other executives of large companies, that if the transition to e-mobility happens too early, the environment could actually be damaged.

Just during the Financial Times' "Future of the Car" summit, Renault's CEO said the sudden and rapid transition to fully electronic mobility is not the answer to the supposed salvation of the planet. This is because investing all your money in electric car technologies would reduce investment in internal combustion engines and make them more polluting.

The first thing I want to say is that Renault is clearly very committed to electric vehicles. We started here very early, and we still believe that electric vehicles and perhaps hydrogen can be a good solution for some applications.

But if we look at the data, it is clear that sales of internal combustion engines - including hybrids - have not yet peaked. Challenges need to be taken into account from social, economic and ecological perspectives.

Luca de Meo, who is not the first to warn against moving too quickly to e-mobility, said that companies are working in this direction.

In fact, the CEO of Volkswagen had also said that it may be too early for such a sudden change, as has been proposed in the case of Europe, for example. At the Financial Times summit, Herbert Diess explained that while there is customer demand, the corresponding infrastructure is not yet complete.

Similarly, the CEO of BMW mentioned a few months ago that the switch to electric power from his manufacturer and other German companies will not help the climate.

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