New Delhi: Post the announcement of Maruti Suzuki to stop selling diesel cars post 2020, its French car rival, Renault S.A too has decided that it will stop sale of diesel cars in India post April 2020, once the Bharat Stage VI emission norms are implemented.
Thierry Bolloré, the global CEO of French car maker Renault S.A confirmed that the company will stop selling diesel cars in India post 2020.
“I believe so,” added Bollore on a pointed question if Renault will indeed stop selling diesel cars from April 2020.
“Diesel is naturally decreasing in terms of proportion of sale globally. It is massive, but not sudden. Today there is a clear regulatory approach, we have decided to limit the development of diesel powertrain when Euro VII comes,” he said from a global context.
To be sure, the share of diesel cars in the Indian market has fallen to almost a decade low to about 19% at the end of FY-19.
He clarified that the Triber, compact MPV unveiled in the national capital on Wednesday will come with just a petrol engine and it has no diesel engine and Renault will follow the same path as Maruti Suzuki.
On the role of electric vehicles in the future, Bollore said “EV is part of the mid-term plan for 2022 and the company will look at local manufacturing of the same in India.”
Renault is open to partnerships with local players, especially on the electric vehicle roll out including the EV ecosystem.
On the government’s proposal of moving to complete EV manufacturing by 2030, Bollore added that he doesn’t know, whether 2030 “is too short or not”, but added, “I can appreciate it. This is a trend (world over), especially in big cities, they want clean mobility in city.”
In the news for its partnership talks with Fiat Chrysler Automobile, Bollore said, the talks are behind us and elaborated that with the magnitude of change on the anvil, all the car makers will be compelled to explore partnerships around the world including India.
“The world is changing very fast, with the magnitude of change on the horizon which calls for a significant capex, it makes sense, if you have a right partner and at right place to share investments,” he added.
When queried if Renault has approached a local car maker or it has been approached by any car maker for the Indian market, Bollore said, “not yet,” but the company will be open for talks.