This briefing evaluates the compliance of manufacturer groups in India with fiscal year (FY) 2017–2018 fuel consumption standards and their readiness to meet more stringent requirements taking effect in FY 2022–2023.
This analysis finds that the sale-weighted fleet average CO2 emissions in FY 2017-2018 from new passenger cars in India were 121 g/km, down 2 g/km from the fleet average performance in FY 2015-2016. With consideration of flexibility system, only four corporate groups—Tata Motors, Volvo, Mahindra and Mahindra, and Toyota—benefit from the super-credit system. At least 14 out of 18 corporate groups benefit from the CO2 -reducing technologies credit. According to the draft compliance provisions, all corporate groups in India are currently in compliance with FY 2017-2018 fuel consumption standards.
The 2017–2018 fleet average CO2 emissions are ahead of the targets by 9.0% without flexibility mechanisms and by 9.5% with flexibility mechanisms. Without considering flexibility mechanisms, most corporate groups met the 2017–2018 standards at least two years early. Looking forward, the fleet is only 7.3% away from meeting the fiscal 2022–2023 targets after taking flexibility mechanisms into account. That translates into a 1.5% annual CO2 emissions reduction, which is slower than the annual decrease of 2.1% from FY 2006–2007 to 2017–2018. It is also far less than the usual 3.7%–5% annual CO2 emissions reduction requirements in standards in other countries.
SOURCE: ICCT
