Renault executive says Eolab could be Clio-level affordable image

Renault and PSA Peugeot Citroen have used the 2014 Paris Motor Show as the perfect venue for displaying their latest fuel-efficiency technologies and at least in Renault’s case, they could see the daylight sooner than later.

Thierry Bollore, the company’s chief competitive officer, says the Eolab ultra fuel-efficient concept could be sold for the same price of a diesel-equipped Clio subcompact. That’s a huge statement – the Eolab is a concept that rivals Volkswagen’s XL1 economy and the latter has a starting price of 110,000 euros. The Renault official claims the carmaker would be able to bring that competitive advantage if it decided to market the concept – although no official intention to produce the car has been expressed so far.

Just for comparison – to the VW XL1 – a typical French Clio DCi 90 has an asking price of 18,500 euros ($23,900) and putting into mass-market production the Eolab would make sense. The automakers need to drastically reduce fleet wide average CO2 emissions to EU-mandated 95 grams per kilometer by 2020. Also, the French government has challenged its domestic manufacturers to come up with a mass-market car that only needs an average of 2 liters of fuel for every 100 km.

The Eolab has brought no less than 110 innovations (to be put to good use in future Renault models), is 30% more aerodynamic than a normal Clio and weighs just 955 kgs – it uses a mix of lightweight steel, aluminum and other composites, such as magnesium. Powered by a 75-hp 1.0-liter three-cylinder gasoline engine and an electric motor linked to a 6.7 kWh battery, the concept can achieve a fuel consumption of just 1 liter per 100 km (235 mpg).