In 2022, as the world suffered from yet another year of extreme climate disasters, the top 15 traditional automakers only sold 5.6% EVs, while all automakers reached 9.7%. The shift to electric is powered by brands like BYD and Tesla.
The world's largest automaker Toyota is struggling to keep pace. For every 400 cars sold by
#Toyota, only one (0.24%) was an EV in 2022. Their focus on
#hybrids, which still rely on fossil fuels, are impeding their transition to electric.
Another disconcerting trend in the auto industry is the surge in SUV sales. hyundai saw over 50% of their 2022 sales being SUVs, the highest among all automakers. The surge in SUVs demands more resources for manufacturing and consumes more fuel.
It's important to note that EVs aren't a one-size-fits-all climate solution. Questions remain about battery minerals, renewable energy charging, & carbon-intensive supply chains.
We urge automakers to shift away from a profit model that sells fossil fuel cars & encour...