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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