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22/07/23 06:52 AM IST

Industry Leaders Forge Alliance for increasing Demand of Electric Freight Vehicles

In News
  • Prominent manufacturing companies and logistics service providers in India have come together to express a demand for 7,750 electric freight vehicles by 2030.
About e-fast
  • e-FAST is India’s first electric freight platform, spearheaded by NITI Aayog, and supported by the collaborative efforts of 12 knowledge partners.
  • Launched in September of last year, e-FAST aims to galvanize the transition towards cleaner and greener freight transportation.
  • The platform facilitates active collaborations at both the national and international levels, supports ideation and development of pilot programs on a scalable basis, and explores technology integration and associated research.
  • The website www.efastindia.org provides access to the latest advancements and success stories in freight electrification, as well as to an extensive repository of relevant resources and upcoming events.
  • It will support scalable pilots and inform policies aimed at accelerating freight electrification in India.
  • The launch of E-Fast India has witnessed participation from major automobile industries, logistics companies, development banks, and fin-tech companies.
  • It will help strengthen the partnership and identify freight solutions and support them.
  • The launch of E-Fast India was followed by the launch of WRI India’s Total Cost of Ownership (TCO) Evaluator.
  • The TCO Evaluator is an intuitive excel-based application, which helps in analyzing cost components and performance parameters.
Source- PIB

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