A recent study highlights the significant role of lobbying by the world’s 15 largest automakers in hindering more ambitious climate policies and the uptake of electric vehicles. The study analyzed the firms’ engagement in climate policy across seven key regions, revealing concerning findings.
For 10 companies, advocacy efforts were found to be inconsistent with science-based policy, earning them a low score (“D” in the image below). For example, Toyota was noted for its direct engagement to weaken greenhouse gas emission standards in the US and Canada.
Moreover, the study found that most firms’ own forecasts for electric vehicle production by 2030 do not align with the International Energy Agency’s (IEA) updated 1.5°C scenario for the auto industry. The forecasted average falls short of the 66% production level required, indicating a significant gap. Interestingly, Japanese automakers emerged as the least prepared overall in this aspect.
Read the Automakers and Climate Policy Advocacy A Global Analysis Report