Mazda Motor Corp. has announced it will halt in 2030 the production of vehicles that run only on engines powered by fuel such as gasoline or diesel.

The automobile manufacturer, noted for its high-performance engines featuring its proprietary fuel-saving technology Skyactiv and other mechanisms, is planning to accelerate electrification.

Electric and hybrid vehicles will be produced as Mazda hopes to smoothly adjust to the changing business environment as governments around the world continue to tighten environment-related regulations.

“All of our cars will run on electricity in 2030,” Mazda President Akira Marumoto said at a technology briefing held on Oct. 2 in Tokyo. Marumoto, 61, was speaking in public for the first time since he became president in June to disclose part of the company’s electrification strategy.
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