Audi Will Phase out Internal Combustion Engines by 2033
June 22 2021 - 12:30PM
Dow Jones News
By Mauro Orru
Audi AG will be gradually phasing out production of
internal-combustion engines by 2033, in a push to achieve net-zero
emissions by 2050 at the latest.
The Volkswagen AG subsidiary said Tuesday that it would only
launch new all-electric models from 2026, confirming it is already
launching more electric cars than models with combustion engines
this year.
Audi said customers and legislation would ultimately determine
the exact timing of the combustion engine's discontinuation.
However, the company said it expects to see demand in China
beyond 2033, warning there could be a supply of vehicles in the
country with locally manufactured combustion engines.
Write to Mauro Orru at mauro.orru@wsj.com; @MauroOrru94
(END) Dow Jones Newswires
June 22, 2021 12:16 ET (16:16 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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