VW Brand to Stop Selling Combustion-Engine Cars in Europe by 2035 -Muenchner Merkur
28 Juni 2021 - 10:40AM
Dow Jones News
--Volkswagen's namesake passenger-car brand is planning to stop
selling vehicles with internal combustion engines in Europe by
2035, German newspaper Muenchner Merkur reports.
--Klaus Zellmer, management board member for sales at VW, told
Muenchner Merkur in an interview that the brand will exit the
combustion-engine-vehicle business in Europe between 2033 and 2035,
with the U.S. and China following somewhat later.
--VW will increase the share of battery-electric vehicles in
overall sales in Europe to 70% by 2030, and its entire fleet would
be CO2-neutral by 2050 at the latest, Zellmer told the
newspaper.
Full story (German): https://bit.ly/3jkP4gL
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(END) Dow Jones Newswires
June 28, 2021 04:40 ET (08:40 GMT)
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