Financing The Transition To Electric Trucks
Freight transport is the backbone of India’s economy. It plays a critical role in ensuring a smooth flow of goods and services to satisfy the needs of businesses and consumers. India moves 4.6 billion tons of freight annually, and the trucking sector moves 70 percent of India’s freight. As distance traveled by trucks increases, reliance on fossil fuel vehicles will…
India’s roadmap for electrification of trucks
In the first significant step towards electrification of trucks, India has defined a technical roadmap for the deployment of ZETs which focuses on undertaking field research, reporting of trucks presently running across the country, expediting product development, designing tools to enable the successful implementation of pilot projects as well as identifying and modifying regulatory requirements. This has been done by…
G20, its role in driving decarbonisation in freight transportation sector
After assuming the grouping’s presidency, India poised to steer G20 conversation towards transition to e-mobility, zero emission economies The G20 nations represent 85% of the global GDP and 75% of trade worldwide, and in most of them, the trucking sector is central to the country’s economic growth as it fulfils the daily needs of business and consumers by moving most…
