Friday 27 January 2023

Rapid EV Adoption in India Fanning Expectations That Fuel Demand Could Peak Early

Electric vehicle adoption in India is growing rapidly, prompting a major rethink about demand for fuel, while refiners in the third-largest economy on the continent are moving away from producing fuel. Despite new momentum in India, the question for the country is whether it will be enough to ultimately shake its fossil fuel dependency. State refiners, which dominate ...

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