Auto industry will miss climate goals by a wide mark, study says - Autoblog

  • 📰 therealautoblog
  • ⏱ Reading Time:
  • 44 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

Auto industry will miss climate goals by a wide mark, study says

, said the industry would dramatically overshoot the Intergovernmental Panel on Climate Change's target to try to limit the average global temperature increase to 1.5 Celsius by 2050 if automakers did not take action.sold in the world tomorrow would be electric, we're still on track to overshoot," Polestar and Rivian said, adding that they had invited the world's leadingThe report calls for urgent, collective action industrywide.

And focusing on reducing emissions in production and supply chains. The report stresses that this step is key and will create bigger gains than just putting EVs on the road.makers' priority for the past decade as customers become increasingly sustainability-conscious, with the recent energy crisis and war in Ukraine underscoring the importance of accelerating the green shift.s is among those that have pledged ambitious goals, promising that by 2030 it will sell only electrics.

Rivian is one of the companies that has struggled with production ramp-up for its vehicles, and has been squeezed further as EV giantcut its prices. In early February, Rivian said it would lay off 6% of its workforce in an effort to cut cost. Auto suppliers are also struggling with coping with the additional costs for making their components sustainable in order to meet

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:

 /  🏆 528. in NG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Says more about unrealistic goals then a failure on the industry. Especially since it's a race to the bottom with EVERY manufacturer having committed to ev

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Auto industry risks missing climate goal by 75% -industry-backed studyThe automotive industry is likely to miss climate goals by 75%, according to a study backed by electric vehicle makers Polestar and Rivian that was released on Wednesday. The link to the study is not in the article 🙁 I want to read more than this
Source: ReutersScience - 🏆 559. / 51 Read more »