There is no longer any dispute that the automobile industry is transitioning to electric vehicles. Every major carmaker is introducing battery vehicles, and plug-in hybrid models are becoming more common. However, other automakers have gone even further, announcing certain dates when they will only construct “electrified” automobiles (batteries and hybrids) and/or pure EVs. Others have established firm deadlines for when internal-combustion engines will be phased out.
Here we’ve listed the top auto manufacturers and their plan for penetrating the EV market. We are not going to include startup companies that kicked off their first production line with electric vehicles. So, Tesla, Lucid, Rivian, Bollinger and Fisker won’t appear below.
Bentley is perhaps the least probable contender for early electrification on this list, but the company is all in. By 2026, all of its vehicles will be plug-in hybrids or all-electric, and tailpipes will be obsolete by 2030. “The future of Bentley will be totally electric,” says CEO Adrian Hallmark. There will be no combustion engines in use by 2030. We're not just working on one electric car; we're working on a whole family of electric vehicles.” Bentley's first electric vehicle is anticipated to debut in 2025, and it will be an SUV based on the VW Group's Artemis platform.
In terms of purely electric vehicles, as opposed to plug-in hybrids, the Bavarian automaker is a lone voice among German automakers. While gas engine research will continue and demand for internal combustion engines will remain strong for many years to come, most of BMW's top-selling models, including the X3, X5, 3 Series, 5 Series, and 7 Series, now offer plug-in variants. BMW, on the other hand, is unmistakably BEV-electrifying. The automaker intends to have delivered about two million fully electric vehicles to consumers by the end of 2025. Over the next several years, BMW expects to increase EV sales by more than 50% per year. Battery cars will account for around half of the business's global sales, according to the company. Both the electric iX SUV and the i4 sedan are almost ready for the market.
The F-150 Lightning, an electric version of the best-selling vehicle in the United States, made a major sensation, in part because it will deliver 230 miles of range for less than $40,000. The Maverick, a small hybrid truck, is likewise extremely reasonably priced ($19,995). Ford is investing $22 billion in battery electric vehicles through 2025, and wants to be carbon neutral by 2050, but hybrids with gas engines will continue to play a role.
GM plans to stop selling gas and diesel vehicles by 2035. Although it’s ambitious, the carmaker is deeply committed. The Cadillac division said in there are no plans for new models that are gas-powered although some current versions may get updates. Cadillac's whole lineup will be electric by 2030. The Lyriq crossover SUV will be the company's initial product next year. The electric Hummers will be available in pickup and SUV configurations, with truck production starting this fall. Chevrolet also just improved the Bolt EV, and an electric version of the Silverado pickup with Ultium batteries will be available in 2023 or 2024, with a range of 400 miles. By 2040, GM plans to be carbon neutral.
A battery electric vehicle, the Honda Clarity Fuel Cell, is also available. It has a pressurised hydrogen tank on board, which reacts with oxygen in the air to make water and electrons. After 2022, the Japanese manufacturer will only sell electric and hybrid vehicles in Europe. Honda claims that by 2030, 40% of its North American vehicle sales will be battery electric or hydrogen, and that all gas cars would be phased out by 2040. In 2024, GM will produce Honda's first two electric vehicles (one Honda SUV named the Prologue and one Acura). Honda is one of a few automakers promoting hydrogen (fuel cells) as a viable alternative to batteries.
Hyundai Motor Group has not stated if it will become all-electric, but it has stated that it will invest $7.4 billion in the production of future EVs in the United States by 2025. Hyundai's electric vehicle production will begin in the fall with the Hyundai Ioniq 5 and the Kia EV6. In May, it was stated that internal-combustion engine models will be reduced by 50%. Hyundai has also made a significant investment in fuel cells, particularly in its native market of Korea. Kia wants to sell half a million battery cars annually by 2026, with seven dedicated battery electrics on the way by the end of 2027.
Jaguar Land Rover
By 2030, the brand will be entirely electrified, thanks to an initiative called Reimagine. The Jaguar I-Pace is currently on the market, and a new version will most likely be based on the company's new Electric Modular Architecture (EMA) platform. In 2024, an electric Land Rover will be released, followed by an electric Range Rover. Over the following five years, six electric Land Rovers will be produced.
Mazda's goal is to be carbon neutral by 2050. The company claimed it would continue to research internal-combustion engines, but that in 2025 it will offer the SkyActive EV Scalable Architecture, a unique electric vehicle platform. By 2025, the platform will be used in the United States, China, and ASEAN (Southeast Asian) countries for five hybrids, five plug-in hybrids, and three battery electric vehicles. The MX-30 subcompact crossover, which will also come in a plug-in hybrid version, is the company's first electric vehicle. It will be available in the United States later this year, starting in California.
Mercedes stated that starting in 2025, all new vehicle platforms will be electric-only. By 2025, the corporation predicts, investment on gasoline technology will be near nil. And while 2030 is the target date for getting completely electric, no timeframe has been set for eliminating all fossil fuels. By 2026, Mercedes expects to have cut its investments in combustion engines and plug-in hybrids by 80%.
With the I-MiEV electric vehicle and Outlander plug-in hybrid, the Japanese automaker was a pioneer. At the Shanghai Motor Show in April, it unveiled the Airtrek e-cruising SUV, which is aimed at the Chinese market. In the United States, the Outlander is the sole vehicle that still uses CHAdeMO.
The Nissan Ariya is a follow-up to the Nissan Leaf, which was a forerunner in the BEV race. Another early electric vehicle was Nissan's Leaf. By the end of 2023, the business expects to have eight electric vehicles on the road, with aspirations to sell a million hybrid and electric vehicles yearly around the world.
According to reports, the carmaker is working on a first-EV based on the Phantom named the Silent Shadow. The new BMW iX SUV's technology is expected to be used.
When it comes to EVs, the old Fiat Chrysler Automobiles was a laggard, but now as Stellantis, it's getting into gear. Through 2025, Stellantis intends to invest more than $35.5 billion in electric vehicles. In 2024, an all-electric full-size Ram 1500 pickup will be available. By 2025, every Jeep will have an electric vehicle alternative. The Grand Cherokee 4xe plug-in hybrid will make its debut in 2022. The Jeep Wrangler 4xe plug-in hybrid is currently available and selling well, while a Wrangler Magneto EV prototype has also been displayed.
Grand Cherokee EV
The Toyota bZ4X Concept electric SUV, created with Subaru and unveiled in Texas in June, is the concept for the first of a global series of battery-electric cars under the Toyota bZ brand banner, according to Toyota. By 2025, Toyota will have 70 electrified models, 15 of which will be battery electric vehicles and seven of which will be sold under the Beyond Zero bZ brand. Pickup trucks will be electrified as well, with Toyota aiming to be carbon neutral by 2050.
According to Volkswagen, battery electric vehicles will account for 70% of its sales in Europe by 2030. The Volkswagen Group is developing 70 new electric vehicles, with several already on the market (including the Porsche Taycan, Audi e-tron and VW ID. 4). The sleek Project Trinity electric car, which is set to debut in 2026, is one of them.
By 2030, the Swedish company will only produce electrified vehicles. All completely electric versions will only be offered online, which will modify the sales strategy. The XC40 Recharge, Volvo's first all-electric vehicle, was released in 2020. Polestar is a brand owned by Geely (Volvo now owns 49.5 percent ). Polestar 1 (an exclusive plug-in hybrid) and Polestar 2 are all-electric performance premium vehicles (on the same platform as the XC40 Recharge).