A detailed comparative analysis to assess the various environmental performance of EV’s and ICEV’s (petrol, diesel and CNG) in the 3-Wheeler and 4-Wheeler vehicle segment across its entire life cycle has been conducted. The analysis finds that while EVs are preferred for their on road reduced emissions, the overall environmental burden of EVs is most intricately linked to the type of grid mix and usage of critical minerals for battery and motor manufacturing. The report contains detailed findings and presents important and urgent recommendations to reduce carbon footprint and improve resource efficiency of the materials used in EV components (motors and batteries).
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