The Global Automotive Sector is Experiencing Transformational Growth due to Carbon Net-zero Strategies Focused on Sustainable Innovation, Recyclability, and Energy Efficiency
The automotive industry is witnessing a global shift to sustainability, with carbon neutrality emerging as a critical objective for automakers worldwide. Regulatory frameworks, such as zero-emission vehicle (ZEV) credit systems, are reshaping how manufacturers approach production, innovation, and compliance.
This study examines global OEMs' carbon net-zero strategies, focusing on the operational, regulatory, and strategic dimensions of their carbon neutrality journeys. It provides a detailed analysis of ZEV credit regulations, including calculation methodologies and the use of multipliers to achieve compliance in key markets, including the United States, Europe, and China.
The study highlights OEM initiatives in sustainable sourcing, decarbonized supply chains, and advanced technology adoption, showcasing the interplay between investments in sustainability and market differentiation. By profiling leading automakers' carbon net-zero strategies, the study offers insight into how regional variations and technological advancements are shaping the automotive industry's decarbonization landscape.
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Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Stellantis
- Volkswagen
- Ford
- General Motors
- Toyota
- Hyundai
