Investing
Volkswagen is ready for Europe’s 2035 fossil-fuel car ban – CEO
© Reuters. A Volkswagen logo is seen during the New York International Auto Show, in Manhattan, New York City, U.S., April 5, 2023. REUTERS/David ‘Dee’ Delgado/File Photo
MUNICH (Reuters) – Volkswagen (ETR:) is ready for Europe’s planned 2035 ban on new sales of fossil-fuel cars as it ramps up its electric vehicle lineup, the carmaker’s top executive said at Munich’s IAA (NYSE:) mobility show.
“We are prepared for the 2035 combustion ban in Europe,” CEO Oliver Blume told reporters at the car show.
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