Richard Murphy November 10 2021
As the FT notes this morning:
Despite months of pressure by the UK, four of the world’s five largest carmakers — Volkswagen, Toyota, the Renault-Nissan alliance, and Hyundai-Kia — have not signed up [to ending new car emissions by 2040].
BMW is also holding back, I believe. There may be others doing so. Their claim is that they cannot make electric cars unless they also produce fossil fuel ones to subsidise them.
link to original article