Most major auto manufacturers currently producing gasoline cars will shift to selling electric cars by 2035. More succinctly, General Motors, Ford Motor Company, Jaguar Land Rover, Mercedes-Benz, and Volvo Cars are signatories of the COP26 declaration. Beyond that, Toyota expects 70% of its total vehicle sales in the U.S. by 2030 will be electrified vehicles, and Honda is working on a strategy to phase out 100% of its gas-powered cars by 2040.
Other major automakers such as Hyundai, Volkswagen, and BMW are also ditching gasoline cars for electric vehicles. Not to mention, iconic American muscle cars like the Charger and Challenger will be discontinued by 2024 and replaced by electric car models.
In a nutshell, the great migration from gas-powered vehicles to zero-emission vehicles is happening gradually — it’s not a question of “if” but “when.” After most automakers transition to selling electric cars, you could be forced by market dynamics to buy an electric car, even if your state or country doesn’t ban internal combustion vehicles over the next decade. Of course, there will still be gasoline vehicles on the road after 2035, but it could be difficult to buy a brand-new gas-powered car since most dealerships won’t sell them.
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