Get all your news in one place.
100's of premium titles.
One app.
Start reading
Reuters
Reuters
Business

Mazda aims for all of its vehicles to be electric hybrid, EVs by 2030

FILE PHOTO: The logo of Mazda Motor Corp. is displayed at the company's news conference venue in Tokyo, Japan May 11, 2018. REUTERS/Kim Kyung-Hoon

TOKYO (Reuters) - Mazda Motor Corp <7261.T> said on Tuesday that all of the vehicles it produces by 2030 will incorporate electrification, while 5 percent of its cars will be all-battery electric vehicles (EVs).

The Japanese automaker joins a growing number of global automakers who are planning to reduce emissions by producing more gasoline-hybrid vehicles, plug-in hybrids and battery EVs.

"By 2030, Mazda expects that internal combustion engines combined with some form of electrification will account for 95 percent of the vehicles it produces and battery electric vehicles will account for 5 percent," the automaker said in a statement.

Mazda has said that it plans to market an all-battery EV in 2020. On Tuesday it said it would develop two battery EVs, one which will be powered solely by battery and another which will pair a battery with a range extender powered by the automaker's rotary engine.

(Reporting by Naomi Tajitsu; Editing by Muralikumar Anantharaman)

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.