The current range of internal combustion engine cars being developed by Volkswagen AG brands will be the last ever, VW chief strategist Michael Jost said this week.
Volkswagen made a strategy shift toward battery-driven vehicles in the wake of a damaging diesel-emissions cheating scandal in 2015, which forced the carmaker to pay more than 27 billion euros in fines for hiding excessive pollution.
"In the year 2026 will be the last product start on a combustion engine platform."
Company chief strategist Michael Jost said "our colleagues are working on the last platform for vehicles that aren't Carbon dioxide neutral".
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Bloomberg reports that Volkswagen Group will introduce a new generation of gasoline and diesel cars beginning in 2026.
Volkswagen hasn't been shy about its electric vehicle ambitions and this will reportedly mean the demise of the internal combustion engine. All brands under VW Group will follow this, including Audi, Bentley, Bugatti, VW, Porsche, Seat, Lamborghini, Seat, etc.
This includes mainstream auto makers like Audi, Seat and Skoda as well as the luxury arm of the motor giant, which has Bentley, Lamborghini and Porsche on its books too. The company expects the era of the combustion vehicle to fade away once its next and final petrol/diesel platforms are introduced in 2026. By 2030, VW says it will offer hybrid or electric versions of its entire 300-plus-vehicle lineup. The automaker will extend a cost savings and efficiency program at its core brand beyond 2020 and seek an additional 3 billion euros in cost savings by 2023. In Europe, the brand will be discontinuing 25 percent of the engine-transmission variants with low customer demand in the coming model year.