CEO Note: Why are we still selling internal combustion engines?
Summary
The CEO of Mighty Earth critiques the continued sale of internal combustion engines and the scaling back of EV investments by US automakers, contrasting this with China's aggressive expansion in EV production, supply chain decarbonization, and market share.
Key insights
- China is positioning itself as a global "electrostate," with clean energy industries contributing 10% of its GDP and renewables providing 30% of its electricity.
- Chinese automakers are leading in EV sales shares, with BYD at 53%, GAC at 48%, and Geely at 36%, while most European and American automakers remain below 23%.
- US automakers are retreating from EV investments, with Ford and GM reporting over $27 billion in write-downs related to scaled-back EV plans.
- Chinese companies, specifically Geely and BYD, are improving their sustainability and human rights practices, including battery recycling and the implementation of supplier codes of conduct.
Cite the original document
- APA
- Hurowitz, G. (2026). CEO Note: Why are we still selling internal combustion engines? Mighty Earth. https://mightyearth.org/article/ceo-note-why-are-we-still-selling-internal-combustion-engines/
- Chicago
- Hurowitz, Glenn. CEO Note: Why are we still selling internal combustion engines? Mighty Earth, 2026. https://mightyearth.org/article/ceo-note-why-are-we-still-selling-internal-combustion-engines/.
- Wikipedia
- {{cite press release |last1=Hurowitz |first1=Glenn |title=CEO Note: Why are we still selling internal combustion engines? |publisher=Mighty Earth |date=18 March 2026 |url=https://mightyearth.org/article/ceo-note-why-are-we-still-selling-internal-combustion-engines/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{hurowitz2026ceo, author = {Hurowitz, Glenn}, title = {{CEO Note: Why are we still selling internal combustion engines?}}, publisher = {Mighty Earth}, year = {2026}, month = mar, url = {https://mightyearth.org/article/ceo-note-why-are-we-still-selling-internal-combustion-engines/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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