Hybrid Vehicles: Key to India’s Mid-term Decarbonization, Report Suggests

- Advertisement -
- Advertisement -

The report stated that hybrids are essential both for reducing ownership costs and for advancing India’s decarbonisation efforts.

According to a detailed analysis by HSBC Global Research, hybrid vehicles emerge as a vital interim solution in India’s journey towards comprehensive electrification, especially in the context of the nation’s decarbonization efforts. The report highlights that, under the prevailing conditions, the overall carbon footprint of hybrid cars, accounting for the entire cycle from production to operation (well to wheel), is currently lower compared to electric vehicles (EVs). This situation is projected to change over a period of 7-10 years, a timeframe in which the emissions from EVs and hybrids are expected to align.

The significance of hybrids extends beyond mere cost considerations; they play a crucial role in India’s decarbonization objectives. The report points out that hybrids are substantially less polluting than EVs. Specifically, it notes that the total carbon emissions, encompassing both the vehicle emissions (tank to wheel) and the upstream emissions from energy production or fuel extraction and processing (well to tank), are lower for hybrids. To quantify, the emissions from an electric vehicle are 158 grams per kilometre (g/km), compared to 201 g/km for diesel, 176 g/km for petrol, and just 133 g/km for a hybrid vehicle. This translates to hybrids being 34%, 25%, and 16% less polluting than diesel, petrol, and electric vehicles, respectively.

- Advertisement -

The report also sheds light on the current calculation methods for emissions. In electric vehicles, the assessment primarily includes the emissions from power generation, omitting those from coal production, which could otherwise tilt the balance even more in favour of hybrids.

Further, the HSBC report projects that the parity in emissions between hybrid cars and EVs hinges on the increase in non-fossil power generation. As of the fiscal year 2023, India’s non-fossil fuel share in power generation stands at 26%. The report states that the total emissions from hybrids and EVs will reach a point of convergence when India’s non-fossil power generation rises to 44%, a development anticipated to take 7-10 years. This projection aligns with, or is slightly more conservative than, other existing estimates.

Looking ahead to 2030, even if India achieves a 40% share of non-fossil fuel in its energy mix, hybrids will still emit 8% less than EVs, a reduction from the current 16%. Despite the long-term inevitability of electric vehicles, the report from HSBC underscores the need for India to adopt hybrid vehicles over the next 5-10 years. This approach is viewed as a credible and practical pathway towards the ultimate goal of full electrification.

- Advertisement -

Related Artcles

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Exclusive

How Effective Will The Global Biofuel Alliance Be?

0
From environmental benefits to economic opportunities, the potential of biofuels in revolutionising our energy landscape. India has made history by hosting the 18th G-20 summit...
Marina

Investments In Drone Industry Decline To US$1.7 billion

0
The 2023 data now separates drone company funding from AAM/eVTOL funding, which significantly boosted the total in 2020 and 2021. Drone companies received US$1.7 billion...

Now’s A Great Time To Make In India: Jabil’s BN Shukla

0
In news and in current affairs relevant to the current geopolitical situation, India is emerging as one of the fastest-growing electronics manufacturing services nations...

Buzz

Tata

Tata To Start Semiconductor Fab Construction Within 100 Days

0
Additionally, Tata Semiconductor Assembly and Test Pvt Ltd (“TSAT”) will set up a semiconductor unit in Morigaon, Assam. The Union Cabinet chaired by Prime Minister...

Honda Unveils 2025 CR-V e Hydrogen Fuel Cell EV In US

0
Honda announced that the 2025 CR-V e:FCEV will be available for customer leasing in California starting later this year. Honda has unveiled the 2025 Honda...
Huawei

Huawei Launches Intelligent Distribution, Reduces High Line Losses

0
IDS uses high-speed power line carrier communication (HPLC) for low-voltage communication, facilitating rapid data collection and interactive connections  at a 99% data acquisition success...

Important Sectors

Tata

Tata To Start Semiconductor Fab Construction Within 100 Days

0
Additionally, Tata Semiconductor Assembly and Test Pvt Ltd (“TSAT”) will set up a semiconductor unit in Morigaon, Assam. The Union Cabinet chaired by Prime Minister...
Marina

Investments In Drone Industry Decline To US$1.7 billion

0
The 2023 data now separates drone company funding from AAM/eVTOL funding, which significantly boosted the total in 2020 and 2021. Drone companies received US$1.7 billion...

Honda Unveils 2025 CR-V e Hydrogen Fuel Cell EV In US

0
Honda announced that the 2025 CR-V e:FCEV will be available for customer leasing in California starting later this year. Honda has unveiled the 2025 Honda...
Huawei

Huawei Launches Intelligent Distribution, Reduces High Line Losses

0
IDS uses high-speed power line carrier communication (HPLC) for low-voltage communication, facilitating rapid data collection and interactive connections  at a 99% data acquisition success...

Bosch And Microsoft Explore Safety With Generative AI

0
The companies are collaborating to harness generative AI for improved vehicle convenience and enhanced road safety. Bosch is exploring the use of generative AI to...

Manufacturing

Now’s A Great Time To Make In India: Jabil’s BN Shukla

0
In news and in current affairs relevant to the current geopolitical situation, India is emerging as one of the fastest-growing electronics manufacturing services nations...

MeitY Secretary: Domestic Semiconductor Manufacturing Is The Next Big Thing

0
At the India Digital Summit (IDS) 2024, S Krishnan, Secretary of MeitY, highlighted that India is on the brink of a major move towards...

Tata Picks Somerset For UK Battery Plant

0
The Bridgewater factory, operated by the subsidiary Agratas, will initially produce batteries for JLR and Tata Motors; with a capacity of 40GWh, it will...

India’s Semiconductor Manufacturing Ambition Needs A Decadal Plan

0
Explore India’s surge in semiconductor imports, the pressing need for self-reliance, and the strategic pillars reshaping the nation’s technological destiny. Artificial intelligence (AI) refers to...

India’s Battery Manufacturing Capacity To Hit 120 GWh By 2028: Official

0
The government has allocated 30GWh capacity to three companies under the PLI scheme for ACC battery manufacturing and is in the process of awarding...