The global automotive industry is set to overshoot the Intergovernmental Panel on Climate Change’s 1.5-degree pathway by more than 75 percent by 2050, a new study commissioned by Polestar and Rivian shows.
“The result of our modelling clearly shows that the industry needs to accelerate the pace of becoming a low carbon industry,” said Angela Hultberg, Kearney’s global sustainability director. “We looked at different scenarios, different data points, and the conclusion is that no matter how you model it, we are far too close for comfort.”Although the growing popularity of EVs is encouraging, consumers can’t solve this problem on their own.
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