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

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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.”

 

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