ANNOUNCEMENTS
The two-wheeler industry is facing growing pressure to mitigate its environmental impact, with a significant shift towards EVs driven by environmental concerns and government incentives. Simultaneously, carbon markets are emerging as a mechanism to incentivize emission reductions, but their application in the two-wheeler industry remains underexplored. This research paper examines the strategic optimization of carbon offset acquisition for two-wheeler manufacturers transitioning to EVs. Focusing on the Clean Development Mechanism's AMS-III. C. methodology, the study explores additional methodologies under Verra/CDM to enhance the quality and quantity of carbon offsets generated. Analysing the case of TVS Motor Company, a leading Indian two-wheeler manufacturer, the research establishes a business case for the industry by demonstrating the environmental benefits of carbon offset programs. The study delves into the Indian two-wheeler market dynamics, particularly the growing EV segment, and provides a comprehensive overview of carbon markets, emphasizing the concept of "additionality." By analysing TVS's electrification strategy, emission factors associated with their EV models, and exploring complementary methodologies, this research develops an optimization framework to guide two-wheeler manufacturers in maximizing carbon offset acquisition while ensuring quality and feasibility. This framework aims to position manufacturers as leaders in low-carbon mobility and contribute to India's efforts to combat greenhouse gas emissions and promote sustainable mobility.
Key words: Electric Vehicles, Carbon Offsets, Carbon Markets, Carbon Registries, Methodologies, etc.
