The Federal Chamber of Automotive Industries has released the CO2 emissions data for each automotive brand as the second reporting step of its industry-led voluntary CO2 Emissions Standard.
FCAI Chief Executive Tony Weber said that global vehicle manufacturers were investing significantly in R&D to reduce emissions while at the same time delivering outstanding products to the market.
“There is only one result that matters for us and that is the 2030 target,” Mr Weber said.
“We estimate that more than $100 billion is being invested globally by the vehicle manufacturers to improve the safety, environmental performance and driving experience for people across the world.
“Our member companies in Australia have signed up to this commitment of lowering emissions in our society and every one of them is working to bring the best technology vehicles to the Australian consumer.”
He added that each brand would progress towards the target at their own pace, depending on individual model cycles.
“The pathway to the 2030 target will not be smooth. Individual brands may not always record annual improvements or meet the annual industry target. What matters is where we are in 2030.
“Regardless of the individual results, our member organisations should be commended for having the foresight and courage to agree to achieving a whole of industry target,” Mr Weber said.
The FCAI released consolidated industry data on the Voluntary Standard on 25 March. That result was measured against two targets – MA Category (Passenger Cars and Light SUVs) and MC+NA Category (Heavy SUVs and Light Commercial Vehicles) based on annual new vehicle sales.
The MA outcome for 2020 was 150 gCO2/km (grams of CO2 for every kilometer travelled) and the MC+NA outcome for 2020 was 217 gCO2/km. The results were against a target of 154 g CO2/km for MA and 197 g CO2/km for MC+NA.
In the period ahead to 2030, the industry is targeting an annual 4.0% reduction for MA and 3.0% annual reduction for MC+NA. It is estimated that MA vehicles will, on average, have CO2 emissions under 100 gCO2/km and MC+NA vehicles under 145 gCO2/km by 2030.