Why Toyota and Volkswagen Not Signed the Climate Pledge
The 26th annual ‘Conference of the Parties’ (COP), wrapped up in Glasgow with politicians from federal, regional and municipal governments, leaders of private companies, investment firms and banks, and 11 automakers signed a declaration promising to work toward zero emissions globally by 2040.
However the top to automakers of the world, Toyota of Japan and Volkswagen of Germany did not signed the climate pledge. However it should be noted that there is no legal binding in signing the pledge. Although both automakers are making serious investments and resources in zero-emissions technology, however they are pointing out that this kind of dramatic shift is not realistic for many regions of the world. According to a Toyota spokesperson, while talking to Reuters said:
“We are ready to accelerate and help support with appropriate zero-emission vehicles. However, in many areas of the world, such as Asia, Africa, Middle East… an environment suitable for promoting full zero-emission transport has not yet been established. We think it will take more time to make progress… thus, it is difficult for us to commit to the joint statement at this stage.”
On the other hand, Volkswagen said the automotive evolution to electric varies from region to region. Even first-world, advanced cities are having difficulty keeping up with the change, as power grids are being challenged and finding charging stations is increasingly difficult. However, VW Chief Executive Herbert Diess said:
“It could still make sense to use synthetic fuel cars in Latin America in 2035.”
Nevertheless, 11 automakers have made the pledge including Ford, General Motors, Volvo, Mercedes-Benz, Jaguar Land Rover, Avera Electric Vehicles, BYD Auto, Etro Automobiles, Gayam Motor Works, MOBI, and Quantum Motors. The companies alongside other federal, regional and municipal governments as well as multi-national firms are committed to phasing out fossil-fuel vehicles by 2040, as part of efforts to cut carbon emissions and curb global warming.