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Audi chief says European carmakers should wean off fossil fuels by 2040

22 April 2022 - 12:24 By Reuters
Markus Duesmann says Europe's carmakers should wean themselves off fossil fuels from 2040.
Markus Duesmann says Europe's carmakers should wean themselves off fossil fuels from 2040.
Image: Supplied

Europe's carmakers should wean themselves off fossil fuels from 2040, CEO of Volkswagen's Audi said on Friday, calling for quicker expansion of renewable energy capacity in Bavaria, where Audi is based, and elsewhere.

Discussions about a possible embargo on Russian gas after Moscow's invasion of Ukraine have raised pressure on companies and governments to expand investment into renewable energy, with Mercedes-Benz promising new investments in wind and solar to help power its plants.

"Let's be courageous as Europeans and take it upon ourselves to give up on fossil fuels completely from 2040," Markus Duesmann said at a conference. "We must put all our energy towards battery-electric vehicles for individual mobility."

Audi will stop selling combustion engine cars from 2033. Its parent Volkswagen will do so from 2035 in Europe and later in China and the US, it has said.

Other carmakers, such as BMW, have warned against focusing exclusively on producing electric vehicles too soon, with demand for combustion engines still high.

Germany's coalition government has said it is targeting a coal phase-out, ideally by 2030, and aims to fulfil all its electricity needs from renewable sources by 2035.

Reuters


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