The 'Pathway Report' - commissioned by electric vehicle (EV) makers Polestar and Rivian - uses open-source data to model the current trajectory for emissions stemming from the car industry.
Passenger vehicles currently account for 15 per cent of all greenhouse gas emissions globally. The Intergovernmental Panel on Climate Change believes these emissions need to be reduced by 43 per cent by 2030 to stay on track with climate goals, but the sector is currently far from meeting this.
Without urgent action, it will have spent its full emissions budget by 2035, the report said, although “a major redirecting of resources and focus” could still bring it in line with Paris Agreement goals.
The report outlines immediate, clear actions that car manufacturers can take between now and 2030, including some that can be triggered immediately.
It urges the industry to accelerate the transition to EVs by investing in manufacturing capabilities, as well as implementing...