Audi expects combustion engines to cede about half of the global premium-car market to electric variants by the end of this decade, highlighting the dramatic erosion of their dominance as the shift toward battery power accelerates.
Hybrid cars that blend conventional and battery power are contributing to the transition, and purely electric vehicles will prevail after 2030, Chief Executive Officer Markus Duesmann said on Thursday in a speech at the Vienna Engine Symposium.
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“From a technical point of view, it makes no sense to have both drivetrains on board,” Duesmann said. “We can see no reason why future customers should not choose a battery-electric vehicle once the right…