These car companies plan on producing electric-vehicles.

Image of Ford Mustang Mach-E Via Car and Driver

Maxwell Bernstein | March 26, 2021

As humans change the climate with the production of greenhouse gasses, car companies are shifting to electric vehicles to mitigate climate change disasters. According to the EPA, transportation accounts for about 28% of greenhouse gas emissions. Here are the car companies that plan on investing and working toward electric-vehicle production.

General Motors (GM): American company General Motors plans on having an all-electric lineup by 2035. Their plan for this all-electric lineup has begun with the release of two Chevy Bolt models and an all-electric GMC Hummer EV pickup truck, according to CNBC.

Ford: Ford said that their European cars will be fully electric or plug-in hybrid by mid-2026 and all-electric by 2030. Ford has plans to spend $22 billion in electrification through 2025, according to Reuters.    

Volvo: On Tuesday, the Chinese-owned automotive company said they will become a “fully electric car company” by 2030, with the complete removal of internal combustion engines, according to CNBC.

Tata Motors: Located in India, Tata motors who owns Jaguar and Land Rover will have Jaguar going all-electric from 2025 and Land Rover rolling out six electric vehicles over the next year.

Volkswagen: The German company Volkswagen plans on releasing 70 all-electric vehicles by 2030 and plans on investing around $42 billion in battery electric vehicles.

Kia: Located in South Korea, Kia will release 11 electric vehicles by 2026, and the all-electric Kia EV6 by the end of this month, according to Car and Driver.

As of March 18, 2021, shares for Ford Motor Co. were up 42%, GM was up 42%, and VW shares were up 46%. Investors are gaining confidence in these carmakers as they reinvent themselves as producers of electric-vehicles, according to the Wall Street Journal.

EPA cuts back fuel efficiency standards

Despite claims from the EPA that sales of electric vehicles have gone down since 2013, research shows that sales of plug-in hybrid, battery electric and fuel-cell vehicles have increased since that year. (Roadside pictures/flickr)

Jenna Ladd | April 4, 2018

The Environmental Protection Agency announced Monday that it is rolling back Obama-era automobile fuel efficiency standards.

The previously instated greenhouse gas emission standards required that passenger vehicles get 54 miles per gallon by 2025. Automobiles have surpassed energy plants and become the U.S.’s leading source of greenhouse gases.

The EPA’s announcement cited automobile industry arguments against the standards like significantly more expensive vehicles and driver safety. These claims were supported by industry-funded research. The EPA cited one study, for example, which estimated that the price of each vehicle would increase by $6,000 if the current regulations stayed in place. However, many other research groups found the study to be flawed and maintain that increased fuel efficiency standards will actually raise the cost of automobiles by about $2,000.

Dave Cooke, of the Union of Concerned Scientists, wrote a blogpost in response. He said,

“Rather than pointing to the fact that these standards are cost-effective for consumers, that we have the technology to meet and exceed these standards by 2025, and that these standards have tremendous positive impacts on the economy, the ideologues currently at the EPA have decided to ignore this evidence and misconstrue how the standards work.”

According to its press announcement, the EPA has begun working with the National Highway Traffic Safety Administration (NHTSA) to lower corporate average fuel economy (CAFE). Scientists suggest that the slashed regulation would have been akin to closing down 140 coal plants for a year, offsetting 570 million metric tons of greenhouse gas emissions by 2030.