Moody's: Carbon transition threatening half of car manufacturers

clock
Tesla was the only car manufacturer to achieve top score in the new carbon transition rankings
Image:

Tesla was the only car manufacturer to achieve top score in the new carbon transition rankings

A gap is widening in automakers' ability to deal with the low carbon transition, warns ratings agency.

Half of car manufacturers are not yet in a strong position from which to navigate the transition to a low carbon future, according to Moody's. The influential ratings agency's latest carbon transition...

To continue reading this article...

Join BusinessGreen

  • Enjoy exclusive news, insights and analysis from Europe’s leading source of information on the green economy and business.
  • Make smart, responsible business decisions with an eye on the latest regulatory and tech developments
  • Stay in the know with our overnight briefing, expertly curated help you run a competitive and sustainable business
  • Tap into our extensive archive of exclusive articles, news, analysis and guides
  • Choose from 3 paid membership levels or start a 7-day no strings trial

Join now

 

Already a BusinessGreen
member?

Login

More on Transport

'An encouraging sign': New analysis reveals clean energy investment hit record $755bn last year

'An encouraging sign': New analysis reveals clean energy investment hit record $755bn last year

BloombergNEF reveals clean energy investment rose 27 per cent last year, but warns further rapid growth is needed to deliver on global climate goals

James Murray
clock 27 January 2022 • 4 min read
Bentley Motors

'The world is changing': Bentley announces £2.5bn electrification investment programme

Luxury car maker announces plans to transform its Midlands plant into an electric vehicle production facility, as Tesla posts record profits

Cecilia Keating
clock 27 January 2022 • 2 min read
Oil and gas prices have more than doubled over the past year | Credit: iStock

Why rising oil prices risk setting 'stranded asset trap' for fossil fuel developers

Oil prices may have surged in recent months, but investing in new fossil fuel projects risks 'catastrophic levels of value destruction' when prices fall, new Carbon Tracker analysis warns

Michael Holder
clock 27 January 2022 • 7 min read