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
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