Part 6/8:
With specific emissions targets set to come into effect in 2025, Australian car manufacturers must come to terms with their future. They have until then to either meet these standards or face penalties that could transform the landscape of the automotive industry.
Brands can earn emissions credits by surpassing their fleet-wide targets, which can then be sold to other manufacturers struggling to comply. Tesla has already been successful in this arena, profiting significantly from carbon credit sales in recent years. Meanwhile, Hyundai stands out as one of the few brands likely to meet the new standards in Australia, further enhancing its competitive edge.