German luxury carmaker Audi will stop manufacturing diesel and petrol cars by 2033 as part of an industry-wide pivot towards more environmentally friendly electric cars.
Its CEO said, “Audi is ready to make its decisive and powerful move into the electric age.”
Starting in 2026, Audi plans to only launch new all-electric car models, while “gradually phasing out” production of internal combustion engines until 2033.
Carmakers everywhere are pouring huge sums into the shift towards battery-powered vehicles as they tout green credentials in a world growing more concerned about climate change.
In Europe, the transition has been sped up in part because of tougher EU pollution regulations and the “dieselgate” emissions cheating scandal at Audi parent Volkswagen in 2015.
Audi is this year already launching more new electric models than diesel or petrol models.
By 2025, the four-ring brand aims to have more than 20 e-models in its lineup.