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Japan’s Automakers Are Least Prepared for Zero-Emissions Shift
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Japanese automakers Toyota Motor Corp., Nissan Motor Co. and Honda Motor Co. are the least prepared for a zero-emissions vehicle transition compared with their global competitors, according to research released Wednesday from climate think tank InfluenceMap.
By 2029, just 14% of Toyota’s worldwide production is forecast to be battery-electric vehicles, rising to 18% for Honda and 22% for Nissan, according to the study, which is based on an examination of future production data from IHS Markit.