Audi Sees Electric Cars Occupying Half the Global Market by 2030
- Hybrids merely help navigate shift away from combustion: CEO
- Joint electric-vehicle platform with Porsche to debut in 2022
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Audi expects combustion engines to cede about half of the global premium-car market to electric variants by the end of this decade, highlighting the dramatic erosion of their dominance as the shift toward battery power accelerates.
Hybrid cars that blend conventional and battery power are contributing to the transition, and purely electric vehicles will prevail after 2030, Chief Executive Officer Markus Duesmann said on Thursday in a speech at the Vienna Engine Symposium.