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Nissan CEO: EVs Not A Competitor To Gasoline-Engine Cars

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Finding more areas to pair Nissan with Renault will hopefully cut costs and improve profits

Finding more areas to pair Nissan with Renault will hopefully cut costs and improve profits

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Renault-Nissan CEO and president Carlos Ghosn is standing behind his prediction that ten percent of all the vehicles sold worldwide will be electric.

And contrary to how some people are seeing it now, he says that electric power for cars isn't at all a competitor to the gasoline engine in the world's growing vehicle market.

"It's a complement that the oil producers and the oil [refiners] are going to be welcoming because it's going to reduce the pressures that are at the base of the imbalance on oil demand and oil prices," said Ghosn, appearing for a lengthy audio conversation earlier this week, available as a podcast, on BBC Radio's The Interview.

Internal combusion engines will be around for another 50 years, Ghosn predicted.

"Oil is a challenge—both price and availability…also I would say geopolitical issues around oil," said Ghosn. Secondly, environmental regulations are going to be cause for a change in the market. "They're going to get tougher and tougher," he said to host Owen Bennett Jones in an interview recorded at the World Economic Forum in Davos, Switzerland. adding, "The young people are much more demanding about respect for the environment than we have ever imagined."

"So when you combine these elements, the only sustainable solution is zero-emission cars," declared Ghosn.


 
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Comments (3)
  1. The most compelling argument I've heard for electric cars is that petroleum is used to make a huge number of vital chemicals and products and in the long run it is really too valuable to simply burn for energy.
     
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  2. "Alt energy" should probably be substituted for "electric" cars since as of right now a battery-powered vehicle can't match a combustion engine vehicle.
     
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  3. I don't know why people are so worried about electric carts replacing internal combustion engines. They will be here long after I am gone. With China and India coming on line as they are and moving from motor bikes to cars you can be assured they won't all be electric!
    Thanks for the article, Denis
     
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