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COP26

6 automakers agree to phase out fossil-fuel cars by 2040, UK says

Sources say key companies including Toyota, VW have not signed up

Beijing's rush hour traffic in April last year. Sources say crucial car markets China, the U.S. and Germany have not signed up to phasing out the production of fossil-fuel vehicles by 2040.   © Reuters

GLASGOW (Reuters) -- Six major automakers on Wednesday will commit to phasing out the production of fossil-fuel vehicles around the world by 2040, as part of global efforts to cut carbon emissions, the British government said in a statement.

But sources familiar with the pledge's contents said some big carmakers including the world's top two, Toyota Motor Corp and Volkswagen AG, and crucial car markets China, the United States and Germany have not signed up. That highlighted the challenges that remain in shifting to a zero-emission future.

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