Whitepaper: How the Global Automotive Industry is Approaching the Energy Transition
Automakers are facing the challenge of decarbonizing their value chain, with a focus on reducing Scope 3 emissions, particularly in the use phase of vehicles. Some automakers have set aggressive carbon reduction targets while others have opted for more moderate approaches.
In this whitepaper, we investigate the rate of conversion from the internal combustion engine as the primary propulsion system to the electric motor. We also explore the tailwinds facing this seemingly unstoppable force, which many thought would have much lower penetration rates in 2024. Finally, we explore the headwinds that remain for BEVs.
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