Conflict Between Automakers and Climatological Transformation
In a series of reports from Automotive, Ultima Media's new business intelligence unit, the impact of emissions regulations on the automotive industry is under the microscope. The report, titled "Climate Change vs. Carmakers", delves into how climate change regulations are influencing the industry landscape and business models of Original Equipment Manufacturers (OEMs).
The report offers individual forecasts for EU CO targets for 2020 and 2021 for each OEM, including major players such as Ford, General Motors, Toyota, Volkswagen, and Honda. It particularly monitors these companies' responses to emissions and fuel efficiency regulations.
The targets set by emissions regulation are causing irrevocable changes in the business models of OEMs. The report highlights the difficulties in reaching these targets due to evolving consumer choices. Consumer preferences are shifting towards hybrid and electric vehicles, a significant factor in the shift towards these technologies in the automotive industry.
Emissions regulation is driving investments in hybrid and fully electric vehicle technologies. The report examines the range of options available to OEMs, including balancing full compliance costs vs. fully paying fines for missing emissions targets. The financial fines that result from missing emissions targets are also discussed.
The report provides analysis of escalating emissions and fuel economy legislation for key regions worldwide. It highlights technological opportunities that arise from the emissions legislation, such as advancements in battery technology and electric vehicle infrastructure. The report predicts how much each OEM will hit or miss their respective targets.
The series of reports will focus on pressing automotive industry and technological developments, risks, and resulting business growth opportunities. The report "Climate Change vs. Carmakers" is not just an investigation into the impact of emissions regulation but also a roadmap for OEMs navigating the changing landscape of the automotive industry.
In conclusion, the report serves as a reminder of the urgent need for action in the face of climate change and the role the automotive industry plays in this global challenge. It underscores the importance of adapting to new technologies and consumer preferences to meet the escalating targets set by emissions regulation. The report is a must-read for anyone interested in the future of the automotive industry and its role in combating climate change.
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