AGI – The VW brand of the German Volkswagen group will say goodbye to cars with combustion engines in Europe between 2033 and 2035 and will only sell electric vehicles, giving itself more time in other markets, such as China.
The announcement comes from Klaus Zellmer, a member of the board of directors of the sales division, who, interviewed by the Bavarian newspaper Münchner Merkur – now available online – explained: “We will make our entire fleet CO2-neutral by 2050 at the latest. In Europe, we will exit the combustion engine vehicle market between 2033 and 2035 “.
The ‘exit’ will happen “a little later in the United States and China. And in South America and Africa, due to the lack of framework conditions and political infrastructure, it will take even longer, “he explained again.
The VW brand had already announced at the beginning of the year to reach an electric share of its European sales of 70% by 2030.
“As a mass producer, VW has to adapt to different processing speeds in the different regions. Our competitors who sell vehicles mainly in Europe, for example, will certainly face a much less complex transformation, “Zellmer said to explain the program, which is less ambitious than other manufacturers.
The high-end brand Audi, a subsidiary of the Volkswagen group, announced last week that it plans to stop manufacturing vehicles with combustion engines by 2033, with one possible exception in China.
Among the most advanced car manufacturers on this front, Swedish Volvo, a subsidiary of the Chinese group Geely, plans to withdraw all combustion models from its catalog by 2030, including hybrids.
The entire Volkswagen group has plans to invest 46 billion euros in five years in electricity.
July 14 the European Union will unveil new targets for reducing CO2 emissions by 2030, as well as regulatory proposals that will force many producers to accelerate the reduction of emissions and the transition to electricity.