Friday, January 27, 2023
News COP26 Emission Pledge: Some Automakers Refused to Sign

COP26 Emission Pledge: Some Automakers Refused to Sign

Many automakers decided to reject the pledge

  • The pledge is to work towards reaching 100% zero emission new cars sales in leading markets by 2035 or earlier

  • Ford, General Motors, Mercedes-Benz and Volvo signed on

  • Toyota, Volkswagen, Stellantis, Renault-Nissan and Hyundai-Kia refused to sign

The COP26 conference on climate that is currently taking place in Glasgow, Scotland has seen some automakers taking a pledge to work on achieving 100% zero emission new car and van sales in leading markets by 2035, but some other companies didn’t do the same.

The automakers that reinforced their commitment to alleviate climate change are Ford, General Motors, Mercedes-Benz and Volvo. All of these companies already had plans to reduce their emissions in that time frame, with GM planning to go all electric in 2035 and Volvo by 2030. Mercedes also wants to achieve fully electric sales by 2030, but only in certain markets.

While this is good news, many major automakers decided to not sign this pledge. Indeed, Toyota, Volkswagen, Stellantis, Renault-Nissan and HyundaiKia left themselves out of the agreement.

These companies didn’t explain their decision except for Toyota, the world’s best-selling automaker, who said its global business would make it “difficult” to keep up with the commitment.

This doesn’t look good, since both of the biggest automakers declined to commit to the electric transition.

Other reasons that have pushed these companies to stay out of the pledge probably include the high costs related to accelerating the development of electric vehicles and the desire to not be locked-in to an agreement which they could be unable to fulfill.

This decision will not gain these automakers any favors from the environmentalists, especially Toyota, which was recently named the third most hindering company against climate change, right behind ExxonMobil and Chevron. For reference, the next automaker on the list was BMW, in 18th place.

Trending Now

Audi unveils the Activesphere concept, a spectacular 5-door coupe that transforms into a pickup

The concept is based on the PPE platform. Could Audi build a true offroad EV 4x4? The concept transforms into a pickup truck.   Audi...

Jaguar’s EV future will get detailed in 2023

Jaguar will become fully electric in the next few years. We will get more information on the brand's future in 2023. The first...

BMW will Start Testing Solid-State Batteries this year

Many companies believe that solid-state batteries will be a very important development in the EV industry. BMW signed an agreement with Solid Power...

New York City is Cracking Down on Loud Cars

“Sound Cameras” have been installed throughout the city to detect cars that are too loud. Loud noises trigger a camera that takes pictures...

Rolls-Royce Could Have to Increase its First EVs Production Run

The company’s CEO said the Spectre EV received “far more” orders than expected. Full details for the EV have yet to be announced...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.