Toyota, Honda & Nissan Score Low In Greenpeace Decarbonization Ranking: Reuters

  • Environmental group Greenpeace said Japanese automakers Toyota Motor Corp TMHonda Motor Co Ltd HMC, and Nissan Motor Co Ltd NSANY have ranked at the bottom of decarbonization efforts, Reuters reported.
  • Toyota came last with its zero-emission vehicles making up less than 1% of total sales.
  • Greenpeace also noted that Toyota made slow progress in supply chain decarbonization.
  • The auto giant has been criticized for not fast-tracking its battery electric vehicles production.
  • "The time for hybrids, I think, has finished," said climate and energy campaigner Daniel Read.
  • "We do recognize that they've made some gains," Read said. "However, fundamentally, when compared to other global automakers, they're falling far behind."
  • The report added that Nissan and Honda ranked eighth and ninth, respectively, dropping three places from last year.
  • Greenpeace added that Honda lacked a proper roadmap to achieve its zero-emission vehicles target.
  • Price Action: TM shares closed lower by 0.42% at $143.34 on Wednesday.
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