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Driving towards net zero: India's strategic push for sustainable trucking

Business Standard LogoBusiness Standard7h ago

Driving towards net zero: India's strategic push for sustainable trucking - Business Standard

Quick Summary:

Telangana’s dedication to sustainable transport is evident in the successful implementation of its Electric Vehicle and Energy Storage Systems Policy, which has seen electric vehicle penetration rise from 0.2 per cent to 6 per cent since its launch in 2020.

Studies estimate that scaling up ZETs could reduce cumulative trucking particulate matter (PM) and nitrogen oxide (NOx) pollution by around 40 per cent by 2050.

More such schemes are needed to offer purchase subsidies, interest subventions, dedicated insurance products, scrappage incentives, and long-term contracts for ZETs, as India’s trucking sector is dominated by small fleet operators and individual truck owners.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-30 @ 15:13:57 (7 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 969 words

Reading Time: 6 minutes read

Sentences: 38 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 22786283

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 316 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 3 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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