With increased Demand and Government Regulations, a number of leading Auto Companies have shared Timelines for when they plan to Phase Out ICE Vehicles.
General Motors said it will Sell only Zero-Emission Cars by the time California's Ban takes effect in 2035. By 2040, GM said, it will be Carbon-Neutral both in its Vehicles and Manufacturing Operations.
Other Carmakers vowing to go All-Electric include Jaguar (2025), Volvo (2030), Rolls-Royce (2030) and Honda (2040). Ford has pledged to ditch Gas-powered Cars in 2030, but only in Europe to start.
Stellantis, parent Company of Chrysler, Dodge, Fiat, and Jeep, has said 100% of its Sales in Europe and 50% of Sales in the U.S. will be Battery Electric Vehicles by the End of the Decade.
Mercedes-Benz says it will Cease Production of Cas-Powered Vehicles "where market conditions allow." The German Automaker has promised to offer Battery-Electric Versions of All its Models by 2025.
Volkswagen plans to go All-Electric in Europe by 2033.
Kia and Hyundai both have Plans to ramp-up their EV Offerings, though neither has said anything about Ending the Production of ICE Nodels.
Back in 2017, Toyota said it would Phase Out Gas-Powered Vehicles by 2040. But while the Japanese Automaker has led the way with Hybrids, Toyota Director Shigeki Terashi said in a 2021 Investors' Call, that it was "too early to concentrate on one option," at least until 2050.
In January, incoming CEO Koji Sato said "the time is right" for an EV-First approach. But at the Davos Summit that same month, Toyota Chief Scientist Gill Pratt argued that the Scarcity of Lithium for EV Batteries made an All-in Approach Unfeasible.
"These shortages -- not only of battery materials, but of charging infrastructure -- will make it abundantly clear that one size does not fit all," Pratt said, "and that the best answer is actually a mix of different vehicle types."
Lexus, Toyota's Luxury Brand, is slated to go Fully Electric by 2035.
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