With a view to fulfilling the promise made by Prime Minister Yoshihide Suga in October Japan reduce your CO2 emissions to zero by 2050, combustion vehicles will no longer be sold there in the mid-2030s. The Ministry of Industry will issue a work plan before the end of this year, in which he will go a specific date To achieve this goal, government spokesman Katsunobu Kato announced at a press conference.
In two weeks, Japan will become the second G7 country to set a deadline to phase out gasoline and diesel vehicles, joining other countries and regions that impose restrictions on fossil fuel vehicles. The Japanese Ministry of Industry asks the opinion of a large panel of experts to make a decision that does not harm the industry while boosting the country’s economic development. In this sense, it is not only important the date marked to cease the sale of thermal vehicles, but also whether the door will be opened to some form of hybridization, although it is in principle the intention of the Japanese government to to demand that all new cars sold are fully electric.
Manufacturers are getting caught up in a technological race due to the almost certain intervention of the states in reducing carbon emissions. As a result, they are forced to accelerate the development of plug-in hybrid and electric models. The European market has drawn up emission regulations that tighten conditions in the early years of this decade. Hopefully these conditions will be tightened in 2025, so that combustion engines may not even have to be banned your profitability is at risk. The technologies needed to reduce emissions to legally required limits will make them immediately non-viable.
In the case of the Japanese market, where restrictive measures already exist for combustion engines, local car manufacturers are not silent for the time being about the impact these measures may have on their sales. Toyota, Honda, Nissan and Mitsubishi Motors (these last two members of the same Automotive Alliance) declined to comment.
Manufacturers with large research and development funding, such as Toyota, could expand their plans to reach that date with a product portfolio that is much broader than previously announced. Last month, Nissan Chief Operating Officer Ashwani Gupta said in an interview with the Reuters Agency They were ready to respond to the UK’s decision to accelerate the sunset date for thermal cars to 2030, as they believed this position would become a global trend.
A recent report from Boston Consulting Group on the outlook for the all-electric car market concludes that this is in 2030 will increase by 55% in Japan. Globally, the expansion of the electric vehicle market share will accelerate due to the decline in battery prices. Japan, China and South Korea recently announced targets to reduce their net CO2 emissions. The UK, Germany, Norway, Canada and some US states are already imposing restrictions on fossil fuel cars or plan to do so in the future.