Hyundai Motor Group
Dissecting the South Korean-based manufacturer’s annual report reveals that the company could exceed EU average fleet emissions targets by 26.9 CO2g/km, resulting in potential annual fines of €11.3 billion in 2021. The manufacturer also stands to pay €35.8 billion to offset its emissions over the last year - or 44.7% of its annual revenue.
The Hyundai Tucson and Kia Sportage were among the most-polluting best-selling models over the last year, resulting in total emissions of 13.3 billion kg/CO2 in 2019.
Cost to Offset
Hyundai Motor Group - Top Models
Breaking down the best-selling models from each brand owned by the Hyundai Motor Group reveals a total carbon footprint of 13.3 billion kg/CO2, which would cost €2 billion to offset. The most polluting model sold by the manufacturer last year was the Hyundai Tucson, followed by the KIA Sportage.
Hyundai Motor Group
Best-Selling Model
Tucson
Number Sold
136,608
Carbon Footprint
7,376,832,000KG
Cost to Offset
€1,106,524,800
KIA
Best-Selling Model
Sportage
Number Sold
110,514
Carbon Footprint
5,967,756,000KG
Cost to Offset
€895,163,400
Average Model Cost
The Auto Emissions Report
The Auto Emissions Report created by NetBet Casino dissects industry studies and annual sales reports to reveal how far the ten best-selling auto manufacturers are from meeting 2021 EU carbon emission targets, and how much it would cost them to offset their carbon footprint over the past year.
The EU fleet-wide average emission target of 95 CO2g/km and fines of €95 per CO2g/km are as stipulated by EU legislation. All sales figures are from the latest year available and relate to the European market, or US if not available in the case of the Ram 1500. The following brands were excluded from the analysis due to insufficient sales data: Daihatsu and Abarth.
The average CO2 emissions for each brand is determined by Greenpeace. The cost to offset emissions relates to the mean cost of pulling CO2 from the atmosphere at €150 per tonne. The annual and lifetime running costs of flagship models are based on the emissions of each engine as stipulated by the manufacturers and are multiplied by 20,117 km per year for 12 years, based on the average lifespan of a new car.
Data is gathered from auto manufacturers' annual sales reports, manufacturer sites, EUROPA, transportenvironment.org, Greenpeace, CarSalesBase and Carbon Engineering’s study on pulling CO2 from the atmosphere.