According to the results of the climate summit, six auto companies will abandon gasoline cars by 2040
Many global automakers have decided not to abandon gasoline cars because of the high cost of modernization of production.
In particular, they intend to stop producing a gasoline-powered car: BYD, Ford, General Motors, Jaguar Land Rover, Mercedes-Benz and Volvo.
Car manufacturers such as BMW, Honda, Hyundai, Nissan, Stellantis, Toyota and Volkswagen Groupdid not agree to sign the declaration Glasgow Declaration on Zero Emission Cars and Vans.
“They did not do this because the agreement requires businesses to make expensive investments in technology without corresponding government promises to build an electric vehicle charging infrastructure,” the newspaper writes.
Recall the last gasoline car will be sold in Norway in April 2022, although the country’s authorities had previously predicted to abandon gasoline cars only in 2025.