What To Know: The Electric Car Revolution

Terra 360

In this episode, a top regional EV manufacturer and a panel of VCs and industry experts discuss how EVs are reshaping the Asia Pacific transportation industry.

The Intergovernmental Panel on Climate Change (IPCC) urged nations to increase the ambition of their Nationally Determined Contributions (NDCs). India’s current NDC includes an economy-wide emissions reduction target and it is 2 °C compatible.

There are many policy avenues that remain unexplored from a decarbonization perspective. Many of the models don’t incorporate the entire set of emission reduction strategies already commonly employed, and thus these in no way set a boundary as far as what India can achieve.

Under the regional technical assistance programme NDC-TIA, the study “Status quo analysis of various segments of Electric mobility and low carbon passenger road transport in India” was undertaken.

The focus here is on the scenarios that incorporate policy interventions that could help decarbonize the sector. Besides the Business-As-Usual (BAU), there were typically two kinds of alternate scenarios incorporated in the models we analyzed: the Moderate effort and the High Ambition. 

In June 2021, there were about one million passenger cars newly registered in Europe. This is approximately the same amount as in May, and about 8% higher than in June 2020.

It’s not hard to predict that if India continues as is, it will mean an unabated rise in vehicular activity.

In this video, Megha Kumar outlines several decarbonization strategies and how they could reduce CO2 emissions from road transport in India by 2050. The chart shows the kinds of reductions that are possible with more ambitious and aggressive transport policy.