As many predicted, rumors of the imminent death of internal combustion engines turned out to be greatly exaggerated. In any case, no one is allocating six billion dollars for funerals.
This is exactly how much the Stellantis concern, which owns 14 brands, will spend on developing new internal combustion engines. We are talking about dual-fuel engines for the South American markets, allowing operation on both gasoline and ethanol. The investments will affect about 40 engine and vehicle models to one degree or another.
Add to this Renault’s new strategy, which provides for the parallel development of electric motors and internal combustion engines over at least the next 10 years. Let’s not forget the electrical doubts of Mercedes-Benz and the decision of Toyota, which recently expressed a long-term commitment to internal combustion engines.
It turns out that it’s too early for real petrolheads to retire…
2024-03-07 14:09:32
#Stellantis #investing #billion #development #internal #combustion #engines
