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There is a profound sense of urgency among leading industrialized nations: governments recognize that massive reductions in carbon emissions are required if we are to limit climate change in an era of ever-increasing global population growth and increasing affluence. They may also believe that the auto industry can deliver more carbon reduction faster at a lower absolute and political cost than other industries. Continued investment on the part of governments and the auto industry to create a viable model for sustainable mobility and vehicle electrification in the 2010 – 2020 timeframe should help drive transport-related carbon emissions down to the 60-90 grams/kilometer level, from 130-155 grams today, and contribute to an overall 20-30 percent reduction in greenhouse-gas emissions.