Volkswagen says next generation of combustion engine cars to be its last
German auto giant Volkswagen will begin rolling out its last generation of combustion engine cars in 2026, in its latest green pledge as it looks to turn the corner on the "dieselgate" emissions cheating scandal.
The carmaker, which last month announced a 44 billion euro ($50 billion) electric offensive by 2023, said it would phase out its diesel and petrol cars as it looks to meet the emissions targets of the 2015 Paris climate deal by 2050.
Michael Jost, Volkswagen's strategy chief, told an industry conference on Tuesday that the firm's employees were working on "the last platform for vehicles that aren't CO2 neutral".
"We're gradually fading out combustion engines to the absolute minimum," he said at the conference near the company's headquarters in Wolfsburg, Germany.
The group, whose brands range from luxury Porsche and Audi to the budget-conscious Skoda and Seat, has set itself the ambitious target of offering more than 50 electric models by 2025, up from six today.
Jost said ...