Early Market Outlook Report - Electrification of medium and heavy-duty trucks in India
Early Market Outlook Report - Electrification of medium and heavy-duty trucks in India
The early market outlook report outlines the landscape of the Indian trucking industry, focusing on the electrification of medium and heavy-duty trucks (MHDTs), and examines use cases with the potential for transition. Further, it makes a case for targeted action from corporates along with a robust policy environment to further propel the growth of MHDTs. Against the backdrop of the transition to electric vehicles (EVs) in the passenger & light-duty vehicles segment, this report discusses the principal elements of the MHDT sector that will play a vital part in decarbonising freight transport in India, underscoring the need for a time-bound transition.