Maruti, Tata are caught between conflict, EV delays, and emission rules. They found an unlikely fix - podcast episode cover

Maruti, Tata are caught between conflict, EV delays, and emission rules. They found an unlikely fix

May 10, 202612 minEp. 746
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Episode description

India's carmakers are staring down a deadline. 

In less than a year, new emission norms will require them to dramatically cut their carbon output — or pay hundreds of millions of dollars in fines. Electric vehicles were supposed to be the answer. But the batteries aren't ready, the infrastructure isn't there, and adoption has been slower than anyone predicted.

So the industry has quietly pivoted to an unlikely stopgap: CNG. Tata, Maruti, and Hyundai are all betting on it. In fact, two in every five Maruti cars sold last year ran on the fuel.

But a stopgap is still just a stopgap.

Tune in.

Daybreak is produced from the newsroom of The Ken, India’s first subscriber-only business news platform. Subscribe for more exclusive, deeply-reported, and analytical business stories.

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