May 28, 2024

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31 Companies Join Climate Action Initiative Adopts EVs

Initiative Adopts EVs

The electric vehicles are the most preferable vehicle these days as it doesn’t emit or pollute the environment. The Climate Group have taken an initiative to electrify more than 2 million vehicles by 2030 under its EV100 initiative. Initiative Adopts EVs.

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An ev100-Global Initiative By The Climate Group

The Climate Group

The Climate Group is a non-profit organization that works with business and government leaders around the world to address climate change. It’s bringing together the companies dedicated to the transformation of vehicles into electric vehicles (EVs), to make electric transport ‘the new normal’ by 2030.

Initiative Adopts EVs – Combined Revenue Over $0.5 Trillion

This initiated started in the year 2017 and a total of 31 companies have forward with the combined revenue over $0.5 trillion for the development of EVs.

The organizations first report is on EV100 contained the customer fleet commitment by LeasePlan to achieve net zero emissions from its 1.8 million vehicle customer fleet. The case study includes if the emission process reduces than only it can attract the consumers, with 1.7 million vehicles in over 30 countries. According to the study, if there is a decrease in the emission than only the customer will go for an electric vehicle.

Helen Clarkson, CEO Of The Climate Group Says About Initiative Adopts EVs

Helen Clarkson, CEO of the Climate Group said, “With countries pledging to end sales of the combustion engine and cities bringing in low or zero emission zones, forward-thinking companies are getting ahead of the curve now by switching to electric vehicles. The private sector has an instrumental part to play in bringing down emissions and cleaning up our air and there are big opportunities for companies taking action now.

Some of the key drivers for the business switch to EVs are cutting local air pollution, reducing greenhouse gas emissions, and generating financial savings etc.

Pia Heidenmark Cook, Chief Sustainability Officer of Ingka Group

“Air pollution is severe, for both people and our planet, and we need to take action. As a business, the transition will help us mitigate a huge business risk as cities are restricting the use of fossil fuels. It’s a win-win-win, and we see no reason to delay this”, said Pia Heidenmark Cook, Chief Sustainability Officer of Ingka Group.

NITI Aayog Officially Supported The Climate Group EV100

Government’s National Institute which transforms India-NITI Aayog officially supported the Climate Group EV100 initiative as an important platform for driving corporate leadership on electric transport.

Members- Wipro, State Bank of India, BYP, IKEA Group Companies

Out of 31 companies, Indian EV100 members include, Wipro, State Bank of India, Delhi-based utility company BSES Yamuna Power Limited (BYPL) and IKEA Group (Hyderabad).


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About The Author

Mastered in Journalism and I am a dedicated writer for since 2018. I am an EV enthusiast. I love to write about electric vehicles, technology, startups, people, fashion, and trends. Through my writings, I love to contribute to my team's efforts to reduce the pollution levels in the world, especially from India.

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