Volkswagen AG expects the era of the combustion car to fade away after it rolls out its next-generation gasoline and diesel cars beginning in 2026.
Traditional automakers are under increasing pressure from regulators to reduce carbon-dioxide emissions to combat climate change, prompting Volkswagen to pursue a radical shift to electric vehicles.
"Our colleagues are working on the last platform for vehicles that aren't CO2 neutral," Michael Jost, strategy chief for Volkswagen's namesake brand, said Tuesday at an industry conference near the company's headquarters in Wolfsburg, Germany. "We're gradually fading out combustion engines to the absolute minimum."
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