As far as I was able to pin down, that is not correct and e2ee will end with the upcomming update.

I asked this question on twitter in the thread of the announcement:

> Will all calls still be end-to-end encrypted after this transition from Google Duo to Google Meet?

and got this reply:

> Hi there, we over at @AskWorkspace are happy to confirm that all data in Meet is encrypted in transit by default between the client and Google for video meetings. You can check more Google Meet security info here https://goo.gle/3NR7ZMj Hope it helps! -WV

Sounds like a purposefully confusing version of "no".

There are other clues as well: While e2ee was part of the messaging of Google Duo, this current announcement of the product merge does not mention encryption at all. ... despite mentioning a lot of random vanity features. Clearly they intended to create the impression that all features will be preserved. Since the e2ee feature was such a prominent and reoccuring part of the Duo pitch, it's very unlikely that they just forgot to mention it in this announcement.