| Author (Corporate) | European Commission: DG Communication |
|---|---|
| Series Title | Press Release |
| Series Details | IP/13/903 (02.10.13) |
| Publication Date | 02/10/2013 |
| Content Type | News |
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The European Commission on 2 October 2013 decided that the aid granted by France to the motor vehicle manufacturer Renault to help it conduct the ‘HYDIVU’ research and development programme complies with the EU rules on state aid. The aim of this project is to develop a diesel hybrid technology for vans. At the end of the project, Renault will equip the Trafic and Master ranges with a new hybrid engine. The diesel consumption and CO2 emissions for these two models will be reduced considerably. The state aid addresses a genuine market failure without giving rise to an undue distortion of competition. |
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| Source Link | Link to Main Source http://europa.eu/rapid/press-release_IP-13-903_en.htm |
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| Subject Categories | Internal Markets |
| Countries / Regions | France |
