[TechWeb] July 5, according to foreign media reports, the world's second-largest auto parts maker Continental AG recently said that the company will cease in 2030 to develop gasoline and diesel engines and other internal combustion engine.
Continental AG
Continental has about 25,000 employees will be involved in the internal combustion engine business reorientation. The company predicts that by 2050 all new cars almost pure electric vehicles and fuel cell vehicles, and therefore will be business transformation.
Continental forecast, in 2025 began developing in 2030 to begin production of the internal combustion engine will be the last generation internal combustion engine. The company plans to strengthen pure electric vehicles and motors and inverters used in hybrid systems components business, increase sales powertrain business.
Continental AG in Hanover, Germany in 1871, the main products including tires, brake systems, vehicle stability control system, engine injection system, tachometer, and other automotive and transportation parts and so on.