The aim of this study is to assess the Freight Sector or India and address barriers and concerns related to freight electrification.
The objectives is to provide technical support by evaluating long term savings and per-kilometer costs explore innovative business models and different policies and incentives to address the high upfront cost challenge that acts as a major barrier in the freight electrification and exploring innovative
Estimated electrification trends of MHDTs for various segments and use cases based on historical market trends and determined the demand and supply side challenges.
Explored all the technologies in the zero emission trucks eco-system ranging from battery, charging infrastructure and their impact on the environment with respect to ICE trucks
Developed a TCO model with close to real assumptions to compare the costs of Diesel and Battery electric trucks and observe the year of parity to study the feasibility of BETs and suggest policies for faster adoption. Conducted sensitivity analysis to study the impact of potential subsidies and policies.
Based on the studies conducted, developed a policy roadmap that suggests recommendations to different stakeholders following different timelines to achieve faster electrification of the freight.
Identifies key supply-demand challenges, particularly the high upfront cost of Battery Electric Trucks (BETs), and recommends targeted subsidies and incentives to bridge this cost gap. These measures aim to achieve cost parity with diesel trucks, enhance profitability.
