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Over the past decade, India has seen tremendous growth in urbanization, e-commerce activity, and first and last mile delivery requirements. Road freight emissions currently account for the majority of India’s total transport emissions. Alarmingly, by 2050, these emissions are set to grow by 451% from 2020 levels – making road freight one of the highest-impact areas for reducing transport emissions – which is pivotal in achieving India’s ambitious decarbonization targets. With an incremental dependence on oil and energy, the electrification of commercial road freight has become a necessary step to combat the adverse environmental impact of increased economic activity.
Acknowledging the critical role of road freight electrification in India’s decarbonization journey, WRI India has been undertaking comprehensive research on its rapidly evolving domestic ecosystem – analyzing both the supply and demand sides. We have been tracking the key stakeholders of the value chain like battery solutions and charging infrastructure providers, original equipment manufacturers, Mobility-as-a-Service (MaaS) and logistic companies, and more.
To highlight the urgent need for freight electrification and deliberate on our key research findings, WRI India is organizing an event “Decarbonizing India's Road Freight - Towards a cleaner, greener, and electric future of commercial vehicles” on June 30, 2022 (9:30 am to 1.30 pm). The event will offer a platform for dialogue to a range of industry stakeholders, including legacy players and startups, financing experts, leaders from various logistics companies and government representatives.
Through five deep-dive sessions, the event will shed light on the following: