India's First-Ever e-Truck Incentive Scheme – A Bold Step Toward Sustainable Freight!
India's First-Ever e-Truck Incentive Scheme – A Bold Step Toward Sustainable Freight! I welcome the launch of the PM E-DRIVE initiative —a landmark policy move by the Government of India to incentivize electric trucks (e-trucks) , under the leadership of PM Shri Narendra Modi and Union Minister Shri H.D. Kumaraswamy . Why this matters for Corporate and ESG Leaders: Diesel trucks contribute to 42% of transport GHG emissions, despite forming only 3% of vehicles. The ₹9.6 lakh per vehicle incentive enables affordable transition to electric freight, critical for carbon-neutral operations. The scrapping requirement ensures we replace aging fleets with green, reliable tech—combining sustainability with safety. Governance mechanisms like mandatory warranties and a first-come-first-served portal ensure transparency and accountability in implementation. Targeting 5,600 e-trucks—including a dedicated push for 1,100 in Delhi —this scheme is not only a green transport refo...