Brussels, 02/10/2013 (Agence Europe) - On Wednesday 2 October, the European Commission ruled that €20.5 million 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 project aims 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. (OL/transl.fl)