Hybrid vehicles are a practical medium-term solution for India’s decarbonisation drive as the country moves towards eventual electrification, according to a report by HSBC Global Research.
Under the current circumstances, the total carbon emissions (well to wheel) from hybrid cars is lesser than that of electric vehicles (EVs) and it may take 7-10 years for EV and hybrid emissions to converge.
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“Hybrids are critical not just from a cost…
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