
“General Motors announced that they will invest $35bn in EV and autonomous vehicle (AV) product development spending until 2025 and that they will phase out petrol and diesel-driven cars by 2035. Volkswagen wants half of its vehicle sales to be electric by 2030 and nearly fully electric by 2040. Audi will only launch new fully electric models from 2026 and aims for all car sales to be electric in 2030.”