The Hindu

Watch: Global oil crisis: Why is Indias transport sector far more exposed than Chinas?

Both India and China depend heavily on imported oil and are exposed to shocks in West Asia. But as crude prices surged nearly 67% within a month, the impact on their transport sectors was not the same. While Chinas rapid shift to electric vehicles has reduced its reliance on fossil fuels, Indias transport sector remains overwhelmingly dependent on petrol and diesel. From EV adoption and total vehicle stock to charging infrastructure, the gap is stark.