Most car companies in recent years have predicted that price parity between
petrol and electric cars would be achieved around 2027. However, in an interview
at last week’s Paris Motor Show, the global boss of Renault, Luca de Meo,
claimed that due to the rising cost of a battery’s raw materials in the last two
years, namely lithium, nickel, manganese, and cobalt, we may not see price parity
until the next decade. – the precious raw materials rising in the period by around
140 percent. Renault has previously announced it is aiming for 100 percent of its
new-car sales to be electric by 2030, five years before the EU’s proposed ban on
petrol and diesel cars. However, while Renault is still aiming for this target, de
Meo says it will be customers, not car companies, who’ll eventually decide when
petrol and diesel cars will die. I’m David Berthon.

Most car companies in recent years have predicted that price parity between petrol and electric cars would be achieved around 2027. However, in an interview at last week’s Paris Motor Show, the global boss of Renault, Luca de Meo, claimed that due to the rising cost of a battery’s raw materials in the last two years, namely lithium, nickel, manganese, and cobalt, we may not see price parity until the next decade. – the precious raw materials rising in the period by around 140 percent. Renault has previously announced it is aiming for 100 percent of its new-car sales to be electric by 2030, five years before the EU’s proposed ban on petrol and diesel cars. However, while Renault is still aiming for this target, de Meo says it will be customers, not car companies, who’ll eventually decide when petrol and diesel cars will die. I’m David Berthon.

A weekly show with all the latest information and news in the motoring industry. Hosted by 2GB's very own motoring corespondent David Berthon. 

For more engaging content visit the 2GB website, or listen live to 2GB 873.

A weekly show with all the latest information and news in the motoring industry. Hosted by 2GB's very own motoring corespondent David Berthon.&nbsp;
For more engaging content visit the 2GB website, or listen live to 2GB 873.

Motor Torque with David Berthon

A weekly show with all the latest information and news in the motoring industry. Hosted by 2GB's very own motoring corespondent David Berthon. 

For more engaging content visit the 2GB website, or listen live to 2GB 873 

A weekly show with all the latest information and news in the motoring industry. Hosted by 2GB's very own motoring corespondent David Berthon.&nbsp;
For more engaging content visit the 2GB website, or listen live to 2GB 873&nbsp;

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