Calculate Embedded Emissions for Unwrought Aluminium (HS7601)

Enter your input

Payable emissions (tCO₂e/t)

Total CBAM Cost (€)

Notes:
There may be a difference when calculating the price with respect to import volume, carbon price, and benchmark emissions, as the embedded formula may result in minor variations due to decimal rounding. Therefore, the actual value may vary.

CBAM is applicable to trade volumes starting from 50 metric tonnes. For trade volumes below 50 metric tonnes, CBAM does not apply.

Usage Procedure – How to use the CBAM Calculator Sheet

Enter or update values only in the INPUT
PARAMETERS section (Highlighted in blue) , including
the carbon price, benchmark emissions, CBAM
chargeable percentage (as per the phase-in year),
and imported quantity.

The system will automatically calculate the payable
emissions and the total CBAM cost (€) based on the
inputs provided.

Notes:
• Change any input value to automatically update CBAM cost.
• Formula used: Carbon price × payable emissions × quantity.
• Model aligned with CBAM supplier-side illustrative methodology.

13 NOVEMBER 2020 AL CIRCLE

Hyundai plans to bring mass-market electric vehicle in India investing over $40 billion into innovation

EDITED BY : DEBANJALI SENGUPTA 2MINS READ

South Korean carmaker Hyundai Motor India Limited (HMIL) is reportedly planning to launch a mass electric vehicle in the Indian market to further strengthen its product line and also its position as a smart mobility provider, said a top executive to ETAuto in an exclusive interaction.

Seon Seob Kim, MD & CEO, Hyundai Motor India, said: “Currently EV segment is kind of a nice segment. So, we don’t see any deep pulling demand in that area. However, if more mass-market products are introduced in the segment it will surely gain traction. So we are preparing and developing a mass-market electric vehicle for India.”

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Kim emphasised that the research and development team of Hyundai India has already started working on the most suitable body types of electric vehicles for the Indian market, considering the needs of the customers.

Two people aware of the matter informed that Hyundai India would most likely bring a mass-market electric vehicle in the coming years.

As per the report, HMIL has planned an investment of over $40 billion into innovation, new models, and technologies for electrified and autonomous vehicles. By 2025, the company aims at releasing 44 electrified models, with sales projected to touch a total of 1.67 million marks annually. With this bulk launch, the Korean carmaker intends to be one of the world’s top three EV manufacturers by 2025.

HMIL had launched the electric SUV Kona in India in July 2019 and since then sold 453 units till September 2020.

Hyundai also intends to make its upcoming electric vehicles affordable and mass-centric. Hence, it is corresponding with many suppliers for their assistance in localising electric vehicle parts. For critical parts, such as batteries, the carmaker is talking to potential suppliers such as LG Chem.

Industry experts believe that to achieve electrification of passenger vehicles in India, both government and companies should work hand-in-hand to bring the right technology and solution best suited for the market. In India, the electric car market is yet to take flight. With less than half a dozen options available in the market, electric vehicle in India continues to struggles for basic charging infrastructure and adequate driving range. The market is currently cornered by Tata Nexon EV which contributes over 61.4 percent of total electric car sales in India, followed by MG eZS.

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