Volkswagen announced it will cease the sale of cars with combustion engines in Europe by 2035.
Sales of such cars in the U.S. and China will end as well, but at a later date.
Volkswagen board member for sales Klaus Zellmer was quoted in a Munich newspaper delivering the news.
Zellmer went on to say Volkswagen’s entire fleet should be CO2-neutral by 2050.
The hope is to have 70% of total European sales come from electric cars by 2030.
According to Reuters, the move to electric cars would prepare Volkswagen for possibly stricter climate targets in the European Union.
Carmakers in the EU can receive a penalty if they go over the limits on CO2 emissions.
