Mini will go all-electric from 2030 as the automaker moves to battery-powered vehicles, according to a  motoring news website.

Europe Automotive News has reported that that the “iconic British brand will roll out its last combustion-engine variant in 2025, and around half of all Mini sales should be electric by 2027”, according to its confidential source.

Mini will only produce battery-electric vehicles from 2030, the source said.

BMW CEO Officer Oliver Zipse is set to announce the plan alongside its annual report on March 17, the source told Europe Automotive News.

Mini follows brands such as Ford of Europe, Bentley, Jaguar, and Volvo in selling only battery-electric cars in unveiling plans to fully electrify their offerings. 

“Soaring valuations achieved by EV-only companies led by Tesla and ever-more stringent emissions regulations have accelerated the worldwide shift to electric vehicles,” reported Europe Automotive News.

Mini currently sells the electric hatchback and the PHEV Countryman.