Electrification targets of some automakers

The automotive industry is currently experiencing a shift towards electric mobility, with an increasing number of carmakers pledging to phase out internal combustion engines and transition to fully electric vehicles. As governments around the world implement stricter emission regulations and consumers demand more sustainable modes of transportation, carmakers are setting ambitious electric vehicle (EV) targets to remain competitive in the market. In this context, we present a list of some of the major carmakers and their EV targets, highlighting the scale of their commitments to the electric future of transportation.
  1. Alpha Romeo: The brand has committed to providing a fully electric fleet by 2027, which will be the first of Stellantis’ 14 brands to stop manufacturing ICE vehicles.
  2. BMW: The automaker expects fully electric vehicles to make up 50 percent of the company’s global sales earlier than its initial 2030 target. In 2022, BMW will have 15 fully electric models in production, and it expects to sell over 2 million fully electric vehicles by the end of 2025 and 10 million fully electric vehicles by 2030.
  3. Buick: The GM brand has pledged to make all new vehicles electric by 2030, and its first electric model is set for release in 2024.
  4. Mercedes-Benz: The brand announced that all newly launched vehicle platforms will be electric-only from 2025 onward and is preparing for new cars to be electric-only by the end of the decade, where market conditions allow. Additionally, Mercedes-Benz aims to have a carbon-neutral passenger vehicle fleet by 2039.
  5. Ford: The automaker expects 50 percent of its global vehicle volume, and 100 percent of its European volume, to be fully electric by 2030. Additionally, Ford set a global target of producing more than 2 million EVs per year by 2026.
  6. GM: The automaker has a goal to have 30 BEV models by 2025, with 20 models available in North America, and to only sell ZEVs by 2035. GM plans to run its U.S. operations on renewable energy within the next four years and become carbon-neutral in its global products and operations by 2040.
  7. Honda: The automaker has a goal of 100 percent ZEV sales in North America by 2040, with interim sales goals of 40 percent by 2030 and 80 percent by 2035. The automaker aims to launch 30 new electric vehicle models, including two SUVs and a mini car, by 2030 and produce more than 2 million EVs per year.
  8. Hyundai: The automaker has committed to carbon neutrality by 2045 and is targeting 1.87 million BEVs sold annually by 2030 with the help of 17 new BEV models.
  9. Kia: The automaker aims to sell 1.2 million BEVs worldwide by 2030 and is targeting to introduce 14 new BEV models by 2027.
  10. Nissan: The automaker aims to have 23 electrified models available worldwide, including 15 fully electric models, and 40 percent of vehicles sold in the U.S. to be electrified by 2030. Additionally, Nissan has a goal to be carbon-neutral across the life cycle of all its vehicles by 2050.
  11. Porsche: The automaker has set a goal for 50 percent of its sales to be electric in 2025, and 80 percent by 2030.
  12. Stellantis: The automaker aims for 100 percent of sales in Europe and 50 percent of sales in the U.S. to be low-emission vehicles by 2025, and it plans to have a fully electrified lineup by 2026.

Source: Electric Vehicle Market Update | EDF

overview showcasing different carmakers and their electrification targets
Electrification targets of some automakers
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