In recent years, car makers have invested countless millions in their engine programs due to the horsepower wars and ever-increasing emissions/efficiency targets. But now it looks like we may have reached the end of the line for combustion engines.
Autoline (an auto industry news source in the US) is reporting that in due to global trends in vehicle electrification, "After 2021, not a single automaker has plans to develop new piston engines. They will continue to develop the engines they have, but will not design all new ones."
As a race fan and performance car enthusiast, I find that news bittersweet. This truly is the end of an era.