VW says no more new combustion engines, EVs only from now

Arif · Mar 23, 2021 10:50 AM

VW says no more new combustion engines, EVs only from now 01

Volkswagen CEO Ralf Brandstaetter has said that the Volkswagen brand has no plans to develop a new Internal Combustion Engine (ICE). Automotive News Europe reports that Volkswagen will further develop the current engines to meet Euro 7 emissions standards, but no new engines will be developed.

VW says no more new combustion engines, EVs only from now 02

According to Brandstaetter, Volkswagen “will need them (combustion engines) for a certain time, and they have to be as efficient as possible”. For now, money earned from selling ICE cars will be used by Volkswagen to finance its electric push.

VW says no more new combustion engines, EVs only from now 03

On March 5, Volkswagen had announced its ‘Accelerate’ strategy that expects full EVs to account for 70% of its European vehicle sales by 2030. For U.S. and China, the strategy targets a market share of more than 50% for full-electric vehicles by 2030.

VW says no more new combustion engines, EVs only from now 04

Arif

Writer

Previously an engineer in an automotive manufacturing company and a highway concessionaire. A part-time research student on biofuels and diesel engines. Obsessed with vehicle electrification and the future of transportation.

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