Financing zero-emission trucks (ZETs) in India presents several challenges, including high upfront costs, market uncertainty, inadequate charging and maintenance infrastructure, and uncertain resale value. This report offers a structured framework to manage these risks and catalyse capital mobilisation for early ZET adoption. 

Focusing on the initial deployment of 10,000 trucks, this report by e-FAST India Knowledge Partners, RMI and the Electric Mobility Financiers Association of India (EMFAI) outlines strategies to reduce default risks and minimise potential losses if default occurs, laying the groundwork for long-term, scalable adoption. The insight brief below highlights targeted financial interventions to address market barriers and enable investment.



A successful transition to ZETs requires coordinated efforts from key stakeholders: 

• Original Equipment Manufacturers (OEMs): Provide warranties, service agreements, and buyback guarantees to build lender confidence. 
• Fleet Operators: Adopt structured financing and secure long-term revenue contracts with corporate clients to enhance bankability. 
• Charge Point Operators: Implement charging-as-a-service models to reduce operational downtime and ensure infrastructure availability. 
• Financiers (Banks, NBFCs): Offer tailored financial products and partner with development finance institutions (DFIs) to expand lending. 
• DFIs and Multilateral Development Banks: Supply concessional finance, risk-sharing mechanisms, and mezzanine funding to support market development. 

Explore the full report to discover innovative financial strategies and collaborative approaches to unlock capital, manage risk, and drive the deployment of India’s first 10,000 zero-emission trucks.