Major European automakers will stop producing cars with internal combustion engines until 2040
An alliance of the largest automakers in the European Union, including Daimler, Scania, Man, Volvo, Daf, Iveco and Ford, has signed a pledge to phase out traditional internal combustion engines (ICEs) to focus on hydrogen, battery technology and clean fuels.
Like Henrik Henriksson, CEO of Scania, told the Financial Times that the industry will spend around 50-100 billion euros on new technologies.
The automotive industry expects hydrogen, which requires its own network of fueling infrastructure, to be the most likely solution for long-haul trucks, while biofuels will help reduce emissions in the short term.
The planned changes will require significant investment in battery or hydrogen charging stations, as well as network upgrades to cope with the sudden surge in demand for fast chargers for a large truck.
Let us remind you that the EU plans to reduce 2 CO emissions by 50 percent by the end of the decade. To do this, the European auto industry must switch to emission-free vehicles in record time. By The European Association of Automobile Manufacturers estimates that the number of electric vehicles on the road will need to be increased 50 times by 2030 to implement the Green Agreement.
The UK has said it will stop selling new gasoline and diesel vehicles, including hybrids, by 2035, and will advise on ending the use of diesel trucks.
Japan also plans to abandon the production of cars with classic internal combustion engines. Tokyo authorities intend to introduce a ban on the sale of cars equipped with gasoline and diesel units by the middle of 2030. According to the Nikkei newspaper on Wednesday, Governor Yuriko Koike set this goal at a meeting of the capital's government.