
HIGH TECH TASK FORCE
DIRE PREDICTIONS
A study backed by electric vehicle (EV) manufacturers Polestar and Rivian warns that the automotive industry will likely miss climate goals by 75 percent, further highlighting that targets would be missed even if all cars sold tomorrow were electric. According to Reuters, the pathway report provides three recommendations to achieve climate targets by the Intergovernmental Panel on Climate Change to limit global warming to 1.5 Celsius by 2050: a firm end date on the sale of fossil-fuel cars, investing more in EV production and creating more renewable energy sources and more sustainable supply chains. The report agrees with Greenpeace’s analysis of the auto industry, which warns that auto sales of combustion engine vehicles are on track to jeopardize the 1.5 Celsius by 2050 target. “Leading auto manufacturers, including Toyota, Volkswagen, and Hyundai, are transitioning far too slowly to zero-emission vehicles, which has dangerous consequences for our planet. As the climate crisis intensifies, governments are enacting stricter bans on diesel and petrol vehicles,” said Benjamin Stephan, climate campaigner at Greenpeace Germany. “If traditional automakers fail to electrify, they will lose out to newer, all-electric competitors and risk stranded assets.”