Current Affairs · Environmental Policy & Transport
Consider the following statements regarding the regulatory framework and electrification of Light Commercial Vehicles (LCVs) in India: Statement I: Stricter corporate average fuel efficiency or emission norms for LCVs can make electrification an economically viable pathway compared to heavily upgrading internal combustion engines (ICE). Statement II: Fleet emissions and fuel consumption targets are designed such that electrification remains unattractive for logistics operators. Statement III: National-level schemes like FAME (and its successor frameworks) have historically provided demand incentives to accelerate the adoption of electric commercial vehicles. Which of the following is correct in respect of the above statements?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
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- 1Both Statement II and Statement III are correct.
- 2Both Statement I and Statement II are correct.
- 3Statement I and Statement III are correct, while Statement II is incorrect.✓
- 4Neither Statement I nor Statement III is correct.
Correct answer
Statement I and Statement III are correct, while Statement II is incorrect.
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