Mazda Scrambles To Build Electrified Cars To Avoid Huge Fines CarBuzz News Features New Cars Used Cars Sell My Car Shopping Tools Car Reviews Car Finder Compare Cars Best Cars Car Dealerships Used Car Reviews Car Advice Home News Mazda Scrambles To Build Electrified Cars To Avoid Huge Fines

Mazda Scrambles To Build Electrified Cars To Avoid Huge Fines

Nov. 11, 2018 9:05 AM ET by Jared Rosenholtz Industry News / 2 Comments It seems like Mazda will be very late to the EV segment. While it doesn't offer any hybrids or electric vehicles, Mazda is the most fuel-efficient car company in the US simply because it doesn't sell any trucks or engines larger than a four-cylinder. This strategy may be working fine over here, but it is about to catch up with the company in Europe where emission laws are more strict. Automotive News Europe reports that Mazda will be forced to pay European Union fines for failing to cut greenhouse gas emissions. Mazda CEO Akira Marumoto told reporters the fines are related to the company's high proportion of SUV sales. Mazda To avoid further penalties, Mazda will have to speed up its introduction of hybrids and EVs. The company has plans to electrify its entire lineup by 2035, including mild-hybrid versions of its core models as soon as 2019. Mazda also plans to introduce a pure EV and a range-extender model with a rotary engine by 2020. By 2030, 95% of Mazda's lineup is expected to consist of electrified hybrids while the other 5% is made up of EVs. Clearly, with no hybrids or EVs in its current lineup, Mazda has a long way to go to reach these goals. Mazda mazda Mazda is planning to reveal a new Mazda3 with a revolutionary new sparkless ignition engine at the 2018 LA Auto Show, which may partially help solve the company's emission issues. As of now, Mazda and its rivals are on the hook to pay 14 billion euros ($16 billion) to the EU should they fail to comply with strict emissions regulations that are set to be introduced in 2020 and in full force by 2021. Mazda says it has already set aside 10 billion yen ($88 million) to pay the fines for this year. While other companies already have established hybrid and EV lineups, Mazda will need to play catchup in order to avoid fines and be competitive with other automakers. Mazda

Join The Discussion

Show Comments (2)

Gallery

9 Photos Tags: #Mazda News #Electric Vehicles #Government #Industry News

Related Cars

Mazda 3 Hatchback Jared Rosenholtz Editor-at-Large After graduating with an MBA, Jared pursued his love of cars by becoming an automotive journalist. An internship with CarBuzz grew into his current position as Editor At Large. Jared now spends most of his time evaluating new vehicles and chasing the latest news stories in the automotive industry. When he’s not attending Cars & Coffee events on the weekend, Jared loves to watch NFL football and cruise around with the top down in his German convertible. Contact Jared @Carsnbites @jar_rosenholtz LoginSign Up Home News Features Car Reviews Car Advice 2021 CarBuzz Awards New Cars Used Cars Future Cars Compare Cars Sell My Car Car Dealerships Buy Here Pay Here Used Car Reviews Popular Tags Cars # Video # TOP # Spy Shots # Reveal # Rumor # Auto Show # Supercar # Tuning # Car Culture # Industry News # Motorsport Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Make Acura Alfa Romeo Aston Martin Audi Bentley BMW Bollinger Bugatti Buick Cadillac Caterham Chevrolet Chrysler Dodge Ferrari Fiat Fisker Ford Genesis GMC Hennessey Honda Hyundai Infiniti Jaguar Jeep Karma Kia Koenigsegg Lamborghini Land Rover Lexus Lincoln Lordstown Lotus Lucid Motors Maserati Mazda McLaren Mercedes-Benz Mini Mitsubishi Nissan Pagani Polestar Porsche Ram Rimac Rivian Rolls-Royce Spyker Subaru Tesla Toyota Volkswagen Volvo By Car Type SUVs Crossovers Sedans Coupes Trucks Sports Cars Wagons Vans Hatchbacks Convertibles Small Cars Luxury Cars Electric Cars Hybrid Cars Future Cars By Price Up to $15K $15K - $25K $25K - $35K $35K - $45K $45K - $55K $55K - $75K $75K - $100K $100K - $200K $200K - $300K Above $300K Back To Top