Auto industry risks missing climate goal by 75 per cent: industry-backed study

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The 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…

“Electrification alone is not the solution – even if every car 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 leading car makers to a roundtable and briefing discussion.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

Swedish automaker Volvo Cars is among those that have pledged ambitious goals, promising that by 2030 it will sell only electric cars. It also plans on reducing emissions across its entire value chain, aiming to become a climate-neutral company by 2040. Other carmakers have similar goals.

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