- Volvo, Ford and GM aim for 100% zero-emission vehicles
- Volkswagen, Toyota, Stellant are not part of the engagement
- The United States, China and Germany absent from their engagement
GLASGOW, Nov. 10 (Reuters) – A group of countries, businesses and cities on Wednesday pledged to phase out fossil-fueled vehicles by 2040, as part of efforts to reduce carbon emissions and to curb global warming.
But the world’s two largest automakers, Toyota Motor Corp (7203.T) and Volkswagen AG (VOWG_p.DE), as well as the major auto markets of China, the United States and Germany, have failed to compete. inscribed, highlighting the challenges of zero crossing. emissions.
The Glasgow declaration on zero-emission cars and vans, unveiled during climate talks in the Scottish city, sees groups pledging to “quickly” accelerate the transition to low-carbon vehicles, aimed at green key markets by 2035.
Major signatories included Ford (FN) and General Motors (GM.N), the world’s second most populous country, India, and major vehicle buying companies including Leaseplan, which leases 1.7 million cars in 30 countries.
Martin Kaiser, executive director of Greenpeace Germany, said the absence of major economies and producers was “of grave concern”.
“To stop the new fossil fuels, we need to end our dependence,” he said. This means switching from heat engines to electric vehicles and quickly creating clean public transport networks. “
A German environment spokesperson said the country’s government would not sign on Wednesday because it failed to reach internal consensus on a “marginal aspect” of the commitment over whether the fuels manufactured from renewable energy but burned in a combustion engine could be part of the solution.
Cars, trucks, boats, buses and planes account for about a quarter of all global carbon emissions, according to data from the International Energy Agency, mostly from road vehicles.
Other people who signed up included Swedish Volvo (VOLVb.ST), Daimler AG (DAIGn.DE) Mercedes-Benz, Chinese BYD Co Ltd (002594.SZ) and Jaguar Land Rover, a unit of the Indian Tata Motors Ltd (TAMO.NS). ).
Other signatory countries include New Zealand and Poland, joining a number of countries already committed to ensuring that all new cars and vans are zero-emissions by 2040 or before, including Britain, host of the COP26 summit.
Other big companies and cities on board include ridesharing company Uber (UBER.N) and food retailer Sainsbury’s (SBRY.L), South Korean capital Seoul and Brazilian Sao Paolo.
As countries seek to agree on a way to price carbon globally, Volvo, which has already pledged to go all-electric by 2030, has separately said it would assume a carbon price of SEK 1,000 on all future projects. Read more
The engagement comes on a transport day at the conference, where policymakers seek to accelerate efforts to limit global warming by mid-century.
But the apparent reluctance of China, the world’s largest auto market, and the United States – the world’s largest economy and second-largest auto market – to join the pledge raises questions about its effectiveness.
While the United States is not on board, major car buying states like California and New York are.
An industry source said some automakers are wary of the commitment as it commits them to costly technological change, but lack a similar commitment from governments to ensure that infrastructure charging and necessary network would be built.
The European Commission has proposed an effective ban on fossil fuel vehicles by 2035, accompanied by a commitment to a charging infrastructure required by car manufacturers. Read more
World No. 4 automaker Stellantis (STLA.MI) was also absent from Wednesday’s engagement, as were Japanese Honda Motor Co Ltd (7267.T) and Nissan Motor Co Ltd (7201.T); The German BMW (BMWG.DE) and the South Korean Hyundai Motor Co (005380.KS).
Reporting by Simon Jessop, William James and Nick Carey; Additional reporting by David Shepardson in Washington and Shadia Nasralla in Glasgow; Editing by Cynthia Osterman, Peter Cooney and Alexander Smith
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