VW to end sales of combustion engines in Europe

VW to end sales of combustion engines in Europe


Reuters June 27, 2021

print-news
BERLINE:

German carmaker Volkswagen will stop selling combustion engines cars in Europe by 2035 as it shifts to electric vehicles, but later in the United States and China, a board member was quoted as saying on Saturday.

“In Europe, we will exit the business with internal combustion vehicles between 2033 and 2035, in the United States and China somewhat later,” Klaus Zellmer, Volkswagen board member for sales, told the Muenchner Merkur newspaper.

“In South America and Africa, it will take a good deal longer due to the fact that the political and infrastructure framework conditions are still missing.”

By 2050 at the latest, the entire Volkswagen fleet should be CO2-neutral, Zellmer told the newspaper.

In Europe, he is aiming for electric cars to account for 70% of total sales by 2030. This would prepare the company for a possible tightening of the European Union’s climate targets and even go beyond them.

EU policymakers have clamped down on exhaust emissions, forcing carmakers to spur development of low-emission technology or face penalties if they exceed limits on CO2 emissions. REUTERS

Published in The Express Tribune, June 27th, 2021.

Like Business on Facebook, follow @TribuneBiz on Twitter to stay informed and join in the conversation.

COMMENTS

Replying to X

Comments are moderated and generally will be posted if they are on-topic and not abusive.

For more information, please see our Comments FAQ