The internal combustion engine will also dominate after 2035. At least if you ask Volvo's Chinese owner, Geely.
The narrative of the death of the internal combustion engine is exaggerated. The technology will also dominate after 2035, when, for example, the EU intends to ban it in new cars.
At least that's what the people at Geely and Renault's joint engine company Horse Powertrain think.
– Many no longer invest in internal combustion engines, we do the opposite, says managing director Matias Giannini in an interview with Automobilwoche .
Giannini believes that electric cars will generally need another 15 years to catch up with the internal combustion engine. But the industry cannot afford to wait for that. Therefore, there will still be both a need for and a demand for both petrol and diesel engines.
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– We take the technology developed by Renault and Volvo further and will build combustion engines and hybrid technology for the future. I think that electric cars will need 15 years before they can seriously compete with traditional combustion engines, says Matias Giannini.
However, this does not mean that the director is at the head of a company that is vertical towards electric cars. On the contrary. Because the electrical technology is useful. Especially in hybrid form.
– It is an interesting technology, and I see a future for electricity, perhaps most preferably for hybrid technology, says the director.
Already at this stage, when Horse Powertrain is a company with only a few months behind it, the company is one of the world's largest companies in their field.
Matias Giannini heads 19,000 employees and 17 factories worldwide. But the director believes that even more is needed. Right now, Horse Powertrain builds engines for and for a number of Geely brands, including Volvo and Renault.
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