Saturday December 08, 2018

VW Says Combustion Cars Will Fade Away after 2026

Volkswagen is predicting that 2026 will mark the beginning of the end for combustion vehicles. The world’s largest automaker has already made plans to spend $50 billion over the next five years to transition to self-driving, electric cars. "VW plans to launch fully or partly electric versions across its lineup of more than 300 cars, vans, trucks and motorbikes by 2030."

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"Our colleagues are working on the last platform for vehicles that aren’t CO2 neutral," Michael Jost, strategy chief for Volkswagen’s namesake brand, said Tuesday at an industry conference near the company’s headquarters in Wolfsburg, Germany. "We’re gradually fading out combustion engines to the absolute minimum."