How rapid electrification of vehicles will impact the coolant industry?

Circular Economy

As global carmakers rush to develop and launch battery-electric vehicles (BEVs), the coolant industry too is on the verge of undergoing a massive transition that would change the new car factory-fill requirements forever

The need to establish a sustainable global transportation system, which accounts for nearly one-third of the global carbon emissions, is leading to rapid electrification of vehicles across segments. As several countries continue to tighten the emission norms for automobiles and roll out new policies for the adoption of electric vehicles (EVs), vehicle manufacturers are increasingly investing in their respective product portfolios, supply chains, new technologies, and EV ecosystem to ensure that the transition is smooth.

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