VW Will Phase Out Internal Combustion Engines After The Next-Generation

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At Volkswagen Group, the next generation of flexible component sets will be the last engineered for internal combustion engines.

This decision of Volkswagen is making a strategy shift towards battery driven vehicles comes at a time when the company has admitted to diesel emission cheating scandal in 2015 which forced the automaker to shell out over 27 billion Euros in fines.

"We're gradually fading out combustion engines to the absolute minimum", Jost said.

Michael Jost, Volkswagen's head of strategy said that the firm's employees were working on "the last platform for vehicles that aren't Carbon dioxide neutral".

A spokesman confirmed Jost's remarks meant that VW, Europe's and China's bestselling passenger vehicle brand, will focus on electric cars instead.

Volkswagen Group has announced its intentions to bring the development of petrol and diesel powered cars to an end after 2026.

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Volkswagen hasn't been shy about its electric vehicle ambitions and this will reportedly mean the demise of the internal combustion engine.

The confirmation is likely to impact all brands that sit within VW Group ownership.

Volkswagen has already said it will offer more than 50 electric cars by 2025 as part of ambitions plans outlined in the Strategy 2025 proposal.

That would be an increase from the five on sale in the United Kingdom today.

The automaker's plan is tied not only to its own electrification strategy, but to the climate goals of 2050, which Jost indicated could only be achieved if not a single internal combustion auto is on the road in that year.

Volkswagen has also confirmed that it will streamline its model range and increase vehicle costs to improve profitability. In Europe, the brand will be discontinuing 25 percent of the engine-transmission variants with low customer demand in the coming model year. 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.

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