Clean fuel confusion prompts part-makers to chart tech-agnostic path

Greaves Cotton, known for engine manufacturing and engineering.“As an auto component company, in some ways, it's easier for us to do that. We are dealing in components; so, there's not a huge difference in the components when it comes between, let's say a CNG or a diesel or a petrol.

The components are fairly similar. Their capabilities are fairly similar,” Satpute added.India's premier energy efficiency agency, the Bureau of Energy Efficiency, has drawn up a clean fuel mix scenario for FY32 comprising multiple technologies, including hybrids, flex fuel vehicles, electric, CNG and traditional ICE engines, Mint reported on 20 February.Arvind Chandra, chief executive at Tenneco Clean Air India, said the company will be prepared, no matter the course of technology evolution.“What we're seeing at a high level is no matter how the pendulum swings, whether it swings to go back to full internal combustion engine, diesel, petrol vehicles, we are fine because we have enough content there in terms of emissions, after-treatment systems, etc,” Chandra said.“If it swings the other way to electrification, great, because we can sell a lot more very expensive shock absorbers because these have to be electronically controlled,” he said, adding that hybrids will give the best of both worlds to the company’s business.

Listed in November, Tenneco Clean Air is the subsidiary of American component major Tenneco Inc. It has a market cap of over ₹22,000 crore.Satpute of Greaves added that the company, which has a market capitalization of ₹3,580 crore, has also got access to products like gear shift systems, foot throttle controls, steering wheels and park brake cable, among others, which will be required across all powertrains.The commentary