Electric Vehicles

Renault’s Horse Puts Power Back into ICEs
Renault's 4CV car was an ancestor to the cutting edge engines the company now produces, and will continue to until at least 2040. © Shutterstock / sylv1rob1

Renault’s Horse Puts Power Back into ICEs

By Simon Johns - Jul 11, 2023

Renault’s new powertrain development entity, Horse, is betting on the viability of internal combustion engines and hybrids until at least 2040. The French automotive giant calculates that 50% of all car sales will still have an ICE by then. Lubricant manufacturers could see the announcement as respite from EVs’ ever-growing market share, especially in Europe.

A 50-50 joint venture agreement with Chinese carmaker Geely will be inked in a few weeks. Saudi Aramco are expected to throw some money into the pot, too. 

Initially, Renault’s side of Horse is producing with a workforce of 9,000 at eight manufacturing sites and three R&D centers, according to Automotive News. Ultimately, there will be 19,000 people at 17 production locations and five R&D centers.

Horse’s target output is 5 million drivetrains yearly when Geely joins operations, up from the current 3.2 million. Renault will supply its own marques, Dacia, Nissan and Mitsubishi. The company anticipates third-party sales expects in future. 

The factories will produce conventional ICEs, transmissions and hybrid systems. In addition, engine technology for alternative fuels such as e-fuels, hydrogen, ethanol and LPG are also on the cards.

“It’s an interesting and logical step, because manufacturers can’t really afford nor justify financially the development of a technology that is being phased out,” said Nick Augusteijn, an automotive journalist based in Turkey told Electric Vehicles InSite.

Renault also created Ampere as a separate France-based EV company. 

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