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Future Market Insights

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IndiaLand Global Tech Park, Unit UG-1, Behind Grand HighStreet, Phase 1, Hinjawadi, MH, Pune – 411057, India

One of the major issues confronting humanity right now is carbon emissions. It is now more crucial than ever to cut back on carbon dioxide emissions given the recent increase in global temperatures and catastrophic weather occurrences. .The current goal of COP 27 is to focus on more adaptive measures to protect its citizens who are vulnerable to the consequences of climatic change where the world experiences more regular and severe floods, storms, fires, as well as other climate-related calamities. It is becoming increasingly clear that the world needs to focus more on more on adaptation measures to protect its citizens who are most vulnerable to the consequences of climate change.

Of all the industries, transportation is the one that depends on fossil fuels the most. Exploring other energy sources is necessary to address this problem, and electric vehicles are one such option. Therefore, one of the primary strategies to accomplish COP27's objectives is utilizing electric vehicles (EVs) to combat the issue of carbon emissions. 

EVs are a game-changer in the fight against climate change and have been around for quite some time now. In recent years, EVs have advanced significantly owing to technological advancements that have made them more effective, accessible, and affordable. The number of electric vehicles on the road now exceeds 10.6 million, and in the upcoming years, that figure is expected to rise sharply. 

Cop 27

Thus, in this blog, Future Market Insights discusses the solutions that are apt in reducing carbon emissions from lithium batteries.

  • EV engines are more environmental-friendly compared to ICEs- EVs neither run-on fossil fuels nor do they require some of the components found in ICE vehicles. So, the carbon emissions, that were included in the manufacturing and production of the ICE parts, are being lowered to a great extent during the manufacturing of EVs implying that most EVs do not release carbon and other GHGs, which helps in minimizing air pollution.
  • EVs to go for smart and flexible charging to decarbonize the grid- Grey electricity grid rely heavily on fossil fuels, reducing the efficacy of EVs as a means for consumers and businesses to reduce emissions. Therefore, it is critical to decarbonizing the existing grid as much as feasible in order to persuade purchasers that switching to an EV is profitable and decreases carbon emissions.
  • Clean production and manufacturing facilities for the EV batteries- Lithium-ion batteries are a common power source for green technology like electric cars due to their capacity to store a lot of energy in a small amount of space, their charging capabilities, and their ability to continue functioning even after hundreds or thousands of charge cycles.
  • Lithium batteries are recyclable: Even though the procedure is a little challenging, lithium-ion batteries can be recycled. Lithium battery recycling can greatly lessen the environmental effect of these batteries. Lithium, nickel, and cobalt, are important components used in lithium batteries that can be recycled to make new batteries. Additionally, recycling lessens the demand for mining new resources, which has a negative influence on the environment. 
  • Making the switch to sustainable energy sources: Even after taking into account the electricity consumed for charging, electric vehicles often have a lower carbon footprint than gasoline-powered vehicles. The production of lithium batteries can possibly run on renewable energy sources, which lowers the carbon footprint of the process. The carbon footprint of EVs that are charged by renewable energy is also substantially lower than those loaded with fossil fuels.

Along with its advantages, EVs are becoming even more desirable owing to several technological developments. Longer ranges and shorter charging periods are becoming more typical given the rapid advancements in battery technology. Since many electric cars now have a range of between 100 to 300 miles on a single charge, they are becoming useful for everyday use. Additionally, improvements in autonomous driving technology can render driving safer and more effective.

EVs are used for purposes other than just personal transportation. Additionally, electric versions of trucks, buses, and even aircraft are being constructed. Especially when it comes to long-distance transportation, the use of EVs in these areas could have a significant impact on reducing carbon emissions


Increasing fuel prices with a desire for cleaner initiatives have pushed several businesses to shift to EVs. In addition to the cheaper fuel costs, EVs are a greener option than diesel or gas automobiles. They can lower a fleet's carbon and GHG emissions by eliminating exhaust. ICE cars, on the contrary, emit carbon dioxide and other pollutants every time their engine starts and is being used.

This blog was originally published in The Economic Times. To read the complete blog follow this economic times link