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home / news releases / NIO - With its Tesla vs. Toyota smackdown the WSJ argues that EVs are necessary to hit climate targets


NIO - With its Tesla vs. Toyota smackdown the WSJ argues that EVs are necessary to hit climate targets

In a gorgeous graphical presentation, the WSJ and researchers at the University of Toronto estimated the environmental impact of a Tesla (TSLA) Model 3 versus a Toyota (TM) RAV4. This is what they found:The production of a Tesla Model 3 generates 12.2 tons of CO2 versus the Toyota RAV4's 7.4 tons (65% more), due to the metals needed for the Tesla's lithium-ion battery.Emissions from ongoing use vary depending on the type of electricity grid used to charge the Tesla. Assuming the national average emissions from the US electricity grid, the Tesla emits 34% of the emissions of the RAV4 for every mile driven. Total emissions of the Tesla and RAV4 are equal at 20,600 miles driven, while at 200,000 miles, which the WSJ says is the lifespan of a typical car, the RAV4 has generated 78 tons of greenhouse gases versus 36 tons for the Tesla.If electric vehicles account for

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With its Tesla vs. Toyota smackdown, the WSJ argues that EVs are necessary to hit climate targets
Stock Information

Company Name: NIO Inc. American depositary shares each representing one Class A
Stock Symbol: NIO
Market: NYSE
Website: nio.com

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