Electrification not silver bullet for achieving carbon neutrality: OICA

OICA is an international trade association which comprises 39 national automotive industry trade associations. India's auto industry lobby group SIAM is a member

Technology neutrality and multiple approaches are necessary for the auto industry to achieve carbon neutrality, said the Organization of Motor Vehicle Manufacturers (OICA).

“Electrification is the future of transportation and key to achieving carbon neutrality, but it is not a silver bullet for all nations. OICA represents auto production nations in all corners of the world and recognizes the importance of a technology neutral, multi-pronged policy approach to make progress on transportation decarbonisation is required,” said OICA President John Bozzella.

OICA is an international trade association which comprises 39 national automotive industry trade associations. India’s auto industry lobby group SIAM