Toyota Kirloskar Motor (TKM) has reinforced its commitment to sustainable mobility on World Biofuel Day 2024, emphasizing a holistic approach to clean vehicle technology. As part of its broader global initiative, Toyota aims to achieve carbon neutrality by 2050, with net zero carbon emissions in manufacturing by 2035, aligning with the Toyota Environmental Challenges 2050 (TEC 2050).
India, the world’s third-largest energy consumer, is facing a growing dependency on fossil fuels, with April 2024 witnessing a record import of 21.4 million tonnes of crude oil. The transportation sector, accounting for 50% of oil demand, is a significant contributor to carbon emissions. TKM highlights biofuels as a vital solution to reduce fossil fuel consumption and achieve energy security, particularly through ethanol production, which has seen rapid growth in India.
Ethanol blending with petrol reached 15.90% in June 2024, and the country is on track to achieve 20% blending by 2025. TKM’s Flex Fuel Vehicle (FFV) technology, combined with electrified powertrains, offers a promising solution for enhanced fuel efficiency.In Shillong, a key market for alternative fuels, TKM’s emphasis on biofuels is seen as a potential boost for local farmers and businesses involved in biomass and ethanol production. The initiative is expected to create new economic opportunities and drive sustainable growth in the region.Speaking at the SIAM International Conference, TKM’s Executive Vice President, Mr. Vikram Gulati, emphasized that biofuels, especially ethanol, are crucial for India’s energy security and environmental goals, supporting both the national agenda of carbon neutrality and the agrarian economy.
