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Hybridising India’s automotive sector: From EVs to alternative fuel vehicles

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  Alternative fuel vehicle is a vehicle designed to operate on compressed natural gas, electricity, biofuel, bio-diesel, fuel cell, liquid nitrogen, and dimethyl ether. Different types of natural gas vehicles include, dedicated vehicles, bi-fuel vehicles, and dual fuel vehicles. Plug-in hybrid electric vehicles are considered as alternative fuel vehicle, as the primary input fuel is electricity. Moreover, alternative fuel vehicles create less or no CO2 emissions and also aid in reducing the pollution.         Download Report (350 Pages PDF with Insights, Charts, Tables, Figures)  The global decrease in oil reserves, growth in prices of fossil fuels, increase in adoption of clean mobility solutions, stringent government norms for emission control, and growth in supportive government policies to promote adoption of alternative fuel vehicles are factors that drive the growth of the market. However, low fuel economy and performance associated with alternative f...