Big news in the auto world, as the Financial Times reports that Fiat Chrysler will stop production of diesel-engine vehicles by 2022.
The company, which produces Jeep, Dodger, Ram, Chrysler, Maserati, Alfa Romeo, and Fiat are planning to do a four-year project to slowly terminate the diesel-powered cars. The plan will start on June 1.
Diesel, which has been use to decrease CO2 discharge, has received some backlash since Volkswagen inserted cheating software in 11 million of their cars that were diesel.
A short time ago, Fiat Chrysler and the US Department of Justice made a deal on a settlement in regards to the cheating lawsuit. The agreement requires the company to recollect 104,000 of their vehicles.
Porsche and Toyota are planning to renounce diesel as well.
In a interview with Bloomberg, Sergio Marchionne, CEO of Fiat Chrysler said, “By 2025 more than half of the power units you see on the road will have some relevance of electrification.”
This shouldn’t come as much of a surprise considering that the auto industry moves closer and closer to an all-electric future every day, but this is still an exciting development.
[via The Verge]