Get Started with ixamBee
Start learning 50% faster. Sign in now
The Indian electric vehicle (EV) sector will contribute significantly to the country's plans for decarbonisation towards 2030, according to the Paris-based IEA in its Indian Oil Market — Outlook to 2030 report, emphasising it will eventually affect gasoline demand. New EVs and energy efficiency improvements under India's energy transition plans will cut India's crude demand by 480,000 b/d during 2023-30. India's oil demand would have increased to 1.68mn b/d by 2030 without these steps. The rise in EV use, energy efficiency improvements, as well as growth of biofuels will first affect oil demand in the transportation sector before its impacts are felt in other sectors, it added. India will become the largest source of global oil demand growth between now and 2030 because of industrial growth. But Indian gasoline demand will grow by only 0.7pc during this period, contrary to a rise of 40pc in India's car fleet because of increased consumption of EVs and biofuels. Electrification of India's vehicle fleet will reduce oil product demand by 200,000 b/d by 2030. This means electrification will weigh heavily on gasoline demand in the period up to 2030. A surge in the use of biofuels will also contribute to decarbonisation of the Indian transport sector. Indian ethanol supplies are likely to rise to 200,000 b/d by 2030 from 90,000 b/d currently, while biodiesel supplies will rise to around 90,000 b/d by 2030. The country targets 20pc ethanol blending in gasoline by 2025 and net zero emissions by 2070 Learn Along: About IEA Executive Director : Dr Fatih Birol Headquarters: Paris, France Founded: November 1974
Six students Lucas, Loren, Simon, Dolph, Vini and Fray are sitting around a circular table facing the centre. Lucas is sitting second to the left of Fra...
In a certain code language, 'YATCH' is coded as 67 and 'DINE' is coded as 40. How will 'MANGO' be coded in that language?
Read the directions carefully and answer the following question.
Eight people are living on eight different floors of the building in such a wa...
A sum of money doubles itself at the compound interest x in 10 years. In how many years it will be four times at the same compound interest?
Artist : Painting :: Cobbler : ?
Pointing to a lady Jayant says, "She is the sister of Prikshit, who is the brother of Dushyant and the brother of Abha."
Abha is the sister-in-la...
Select the option figure that will replace the question mark (?) in the figure given below to complete the pattern.
In the given diagram, the circle represents 'doctors', the triangle represents "actors' and the pentagon represents 'gentlemen'. Which of the following ...
Six colleagues, Ranjana, Diksha, Chahat, Aakash, Rita and Suraj, are sitting on a bench in a pack facing north. Rita is sitting at the east end of the b...
Select the word that can be formed using the letters of the given word only as many times as the letters have been used in the word.
A L B C I...
