Timeline For When Every Car Manufacturer States it is Going Toward 100% EV Production
What to expect when car manufacturers make the jump into full-time hybrid and/or EV production only, and when they plan on doing so.
There’s a joke going around that says if you can’t hear the electric car revolution happening, that means it’s working.
Automakers all over the world are kicking their plans to fully electrify their fleet into high gear in order to meet climate change initiatives and driver demand. Here’s a list of who is doing it, what and when. The list includes all the fully EVs currently on the market with hybrids excluded because of many countries ramping up their zero ICE policies.
While some automakers might seem to be lagging behind other EV car manufacturers, we will also list each brand's concept projects to see how they plan on standing apart from their competitors.
1. ASTON MARTIN
With an estimate that 1 in 5 of Aston Martin sales will be electric by 2024, the manufacturers nixed the production of the Valkyrie hybrid in favour of manufacturing fully EV cars and SUVs instead.
With $240M invested into the company in 2020, it can be safely estimated that a large percentage of that was put into electrification.
- While Aston Martin has not announced a specific EV at this time, it’s safe to bet something major is in the works for 2024.
Audi has announced a shift in production in an attempt to syphon some of Tesla’s market share away from the EV giant. With the release of Audi’s e-tron in 2021, the German automaker has plans to start production of C and B segment EVs this year, 2022, using new patented technology, called ‘Premium Platform Electric.’
Audi announced a whopping $12 billion investment into electrification production for a 2025 completion date.
- So far, the e-tron is Audi’s only EV offering, so they should definitely vorsprung that technik.
BMW has announced plans to electrify 50% of its sedan, SUV, and Mini models by 2030. This keeps pace with the EU’s commitment to severely reducing the sale of ICE cars by 2035. With 25 new EV models coming by 2023, BMW is also reducing one-fifth of emissions generated throughout the entirety of its supply chain by 2030.
By funding the expansion of EV developments with a solid state battery start-up, Solid Power, BMW and Ford invested $130M to help meet their 2030 goal.
- The BMW i Vision Circular is how BMW plans on becoming the most eco-friendly and sustainable automaker in the premium individual mobility market. Its answer to green luxury transport solutions with a 2040 goal date. What makes the BMW i Vision Circular so unique is its commitment to using 100% recyclable materials in the manufacturing process and a 100% recyclability when the car is no longer in use.
Ford has put out two major EVs to date: the Mustang Mach-E and the 2022 Ford Lightning-E. It has plans to bring out an electric version of its perennial and bestselling Transit van in 2022 too.
The Blue Oval spent $27.7 billion on EV developments with the goal of a significant production shift over to EV by 2025.
- Expect to see the Ford Mustang Mach-E, Ford E-transit and Ford Lightning F-150 make waves over the next few years.
General Motors has become serious about electrification and meeting its 2035 and 2045 targets. 2035 is when the automaker brand says it will have completely phased out ICE production and 2040, when GM hopes for its manufacturing and supply chain to be carbon neutral.
General Motors is budgeting $34 billion toward its 2025 goal to bring 30 electric vehicle models to market with 20 planned before 2023.
- With models like the Hummer and Chevy Bolt/Silverado/Lyriq all getting an EV makeover, expect to see these models on a road near you soon.
Japan’s Honda has implemented a modest timeline for complete electrification. The company anticipates that all of Honda’s vehicle sales will be zero emissions via EV by 2040. 40% of sales will be EV by 2030 and 80% EV sales by 2035. Honda has created a new EV platform called Architecture, launching in Canada in 2024.
Honda announced last year, 2021, that it will be investing $58 billion into EV-related research and development, to be made over the next five years.
- Currently, Honda plans on producing the aptly named Honda Prologue in 2024.
Hyundai had never made a secret of its EV market ambitions. The company is geared to sell 1M electric vehicles on the global markets by 2025. A South Korean company, Hyundai began manufacturing EVs in North America this year, 2022.
After already investing a considerable amount into EV production, Hyundai plans on spending another $7.4 billion to expand its U.S. base of EV development by 2025.
- So far, the Hyundai IONIQ EV and Hyundai Kona EV are on many Kiwi EV shopper’s test drive list. More models are in the pipeline.
8. JAGUAR LAND ROVER
You might want to hold on converting that Land Rover of yours to electrification, because Jaguar Land Rover will have switched to fully electric by 2025. Even the classic e-models will be electrified by 2030. The entire portfolio of models will be EV, starting with the Jaguar I-Pace launched this year, 2022. The JLR brand is also launching an EV infrastructure platform, called the Electric Modular Architecture which is designated for use by all its EV models.
JLR has invested a budget of $3.4 billion per annum toward complete electrification research and development.
- The launch of the Jaguar I-Pace this year and EV Range Rovers and Land Rovers planned for 2024, make the JLR brand a real contender in the adventure and recreation EV market.
Kia EV6 was launched this year, 2022. This is the brand’s first electric vehicle built on a dedicated platform, unlike the Soul and Niro. Kia has announced plans to launch a further 11 new EV models by 2026, which will take over from its present ICE models.
Kia has invested $31 billion into its EV conversion.
- The dedicated Kia EV6 is a welcome addition to last year’s Kia Soul Ev and Kia Niro EV.
Mazda’s MX-30 was launched to an enthusiastic reception when it came out last year. As Mazda’s first full battery-powered offering, the automaker has announced 3 more EV models by 2025. The Japanese automaker hopes to have its own EV platform by then as well.
- Mazda’s MX-30 needs to have companion EV models if it wants to offer more choice.
Mercedes-Benz is betting on their 10 new EV models launched this year, because the automaker has pledged to go completely electric by 2025. Its first EV offering, the EQS, is being touted as the first-ever electric luxury sedan.
Benz is set to invest $60 billion into electric vehicle initiatives before 2030.
- The Mercedes-Benz EQS is poised to widen EV options in the luxury vehicle market.
Nissan wants 40% of its car sales to be EVs by 2030. The Japanese automaker has announced that 8 EV Nissan models will be on the market by next year, 2023. The long awaited Nissan Ariya crossover will soon join the Leaf as the automaker’s second EV offering.
Nissan was the first to launch a dedicated hub, EV36Zero in the U.K. last year. It has invested $1.7 billion into electrification per annum to date.
- The Nissan Leaf and Ariya are last year’s models; it will be interesting to see what the forthcoming months bring.
80% of all Porsches’ worldwide sales will be electric by 2030, the brand announced last year. Porsche has taken it one step further by saying it will be carbon dioxide neutral by then too.
Porsche announced a $8.9 billion investment into electrification in 2018. In 2021, the German automakers announced a new budget of $22.3 billion to assist it reach for its EV goals by 2025.
- Last year’s Porsche Taycan came out in 2021, and the Porsche Macan EV is planned for next year, 2023.
14. TOYOTA AND LEXUS
Toyota and Lexus continue to chase their carbon neutral goals with 2050 as the finish line. Toyota-Lexus also plans to have 70 EVs models in the global portfolio by 2025. The brand announced the launch of a sub-brand too, called the bZ, short for battery electric vehicles.
Toyota and Lexus have not laid out what they have spent on electrification, but they definitely had a jump start on most of their competitors with the trendsetting Prius.
- A Lexus LF-Z is planned for next year to join the Toyota Mirai launched this year and the Toyota BZ4x planned for launch in 2023.
Volkswagen has promised to be carbon neutral by 2050 and only produce EVs by 2040. To supplement these dates, VW will have 70 electric vehicles and 60 hybrid vehicles on offer by 2030. It plans on using its platform, MEB (the Modular Electric Drive Toolkit in English) for all VW EVs, including the ID.4.
VW has budgeted $55.5 billion toward EV production.
- So far, no new offerings from VW except the ID.4.
Volvo has been very vocal when it comes to announcing an ICE vehicle production cut-off date. The Swedish automaker estimates that EVs will make up 50% of sales and production by 2025 and exclusive EV-only production by 2030.
Volvo plans to have 1M EVs on the road by 2025, in keeping with the country’s goals.
- Last year’s Volvo XC40 was a step in the right direction, although it is still to be made more widely available as Volvo struggles to keep up with national and European sales demands.