The Indian automobile industry has made its manufacturing less emission-intensive in the last decade, compared to global peers, a new report by BNP Paribas shows.
With India’s climate goals—as articulated under its Nationally Determined Contributions—tied to cleaner mobility, lowering emissions and fossil fuel dependence of the automobile sector is a key goal for the nation.
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However, emissions have not been falling over the last few years, with customers preferring higher emissions SUVs and two-wheelers. Against this backdrop, India needs to step up electric vehicle (EV) adoption.
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