Seven car brands going all electric
As demand for electric cars surges, these brands are ditching petrol engines altogether.
In a development that might have seemed a pipedream just a few years ago, several major automotive brands, including Mini, Jaguar, Volvo and Bentley, have announced plans to abandon petrol and diesel engines in favour of battery-electric vehicles (EVs).
Spurred by strict new emissions regulations introduced by many governments, including the European Union, vehicle manufacturers have been left little choice but to shift focus towards low or zero-emissions vehicles. Several countries have even moved to ban petrol and diesel-powered vehicles altogether in the coming years. While these bans predominantly relate to passenger cars and buses, some truck manufacturers, including Volvo, DAF, Daimler, Ford, Iveco, MAN and Scania, have also committed to ending diesel truck sales by 2040.
The United Kingdom, Sweden, India, Israel and Germany – among others – have announced plans to ban the sale of internal combustion engine cars by 2030. Japan and Denmark will phase them out by 2035, while Canada, France, Spain, Sri Lanka and Taiwan have a target of 2040. US President Joe Biden recently signalled his intention to transition the US government’s extensive fleet away from fossil-fuel-powered vehicles by 2030.
In Australia there are no such plans to ban petrol or diesel engines, and the Morrison government has ruled out taxpayer subsidies to encourage private buyers to switch to EVs. Instead, it has flagged plans to offer incentives for the business sector to invest in EVs and plug-in hybrids, reasoning this will help create a healthy second-hand market in low-emissions vehicles when businesses update their fleets, which will in turn make EVs more affordable for private buyers.
Meanwhile every automotive brand is gradually shifting focus from petrol and diesel to electric power for cars and SUVs, and many of these new EV models will make their way here. As more and more manufacturers take the leap out of the internal combustion engine game altogether, what will this mean for the Australian market?