Think it was tough for car makers to hit the ZEV mandate in 2024? As it stands, it’s going to get even tougher in 2025. And 2026, and 2027…
The 22% electric car sales mix requirement in 2024 becomes 28% in 2025 and increases up to 80% in 2030.
While six percentage points year-on-year might not sound a lot, in real terms it requires growth in EV sales of almost 30% in 2024.
Given the challenges that car makers...