The summit organized by the Financial Times brought us a wealth of statements from some responsible for brands with which we are very familiar. Along with others, the Renault CEO also took the moment to say that if the transition to electric mobility happens too soon, it could harm the environment.
The statements contradict what we have been reading about the benefits of change.
For many, switching to electric cars is the most effective solution for the good of the environment. However, along with other statements made by the heads of large companies, Renault CEO Luca de Meo revealed that if the transition to electric mobility happens too soon, the environment could, in fact, be harmed.
It was during the summit organized by the Financial Times, “Future of the Car”, that the CEO of Renault shared that a sudden and rapid shift to all-electric mobility is not the answer to the supposed salvation of the planet. This is because investing all the money in technologies for electric cars would cut investments in combustion engines, making them more polluting.
The first thing I want to say is that Renault is obviously very committed to electric vehicles. We started very early here, and we continue to believe that electric vehicles and perhaps hydrogen can be a good solution for some applications.
But if we look at the data, it is evident that sales of combustion engines - including hybrids - have not yet reached their peak. There are challenges across social, financial and ecological perspectives that must be considered.
Said Luca de Meo, who is not the first to warn about the shift to electric mobility too quickly, although 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 the one that has been suggested, for example, in the case of Europe. During the Financial Times summit, Herbert Diess explained that, although customer demand exists, the infrastructure that will respond to it is not yet ready.
Likewise, the CEO of BMW also mentioned, a few months ago, that the transition to electric carried out by his manufacturer and other German companies would not help the climate.