EV car makers say the industry will burn through its CO2 budget by 2035

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 98%

Business Business Headlines News

Business Business Latest News,Business Business Headlines

Polestar and Rivian have commissioned a joint report that says the car industry is going to overshoot its emissions targets

‘I listened for the way he would close the door... I knew by that simple action how my evening was going to play out’

None of this makes especially comfortable reading, but the slightly better news is that it is not too late, and the globe’s car industry can still make the adjustments it needs to get back on track.According to the Pathway Report issued by Kearney on behalf of Polestar and Rivian: “Despite the gloomy outlook, the report suggests that the car industry still has a chance to get on track.

“Pulling just one or two levers in isolation will be insufficient and only reduce the overshoot. Collective action from automakers is needed on all three levers, in parallel, at a global level. Anisa Costa, Rivian’s chief sustainability officer, said: “The report’s findings are sobering. Our hope is that this report lays the groundwork for the automotive industry to collaborate in driving progress at the pace and scale we need – and ideally inspiring other industries to do the same. Together, I’m confident we can win the race against time.”

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in BUSİNESS

Business Business Latest News, Business Business Headlines