Even with policies around the world encouraging EV adoption — including in the European Union, which mandates 90% tailpipe emissions reduction by 2035 — several global automakers have dialed back their plans to electrify and many have lost billions on the technology.
—
Alexa St. John,
Fortune,
27 May 2026
That shows how modest gains in the fight to curb climate change have dialed back the most catastrophic of future heating but also confirmed that there’s no chance to limit warming to the international goal set in 2015.
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