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MHI notifies guidelines for e-truck incentive scheme under PM E-DRIVE

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The Ministry of Heavy Industries (MHI) has issued detailed guidelines for the “Scheme to Promote Deployment of Electric Trucks in India” under the PM E-DRIVE initiative.  The scheme aims to accelerate the adoption of electric freight vehicles in the country by offering financial incentives for electric trucks (e-trucks) in the N2 and N3 categories, as defined by the Central Motor Vehicle Rules. N2 trucks are classified as those with a gross vehicle weight (GVW) above…

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Blue Energy to invest Rs 35 billion in electric trucks in Maharashtra

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Blue Energy Motors, a key partner in Essar’s green mobility initiative, has signed a Memorandum of Understanding (MoU) with the Government of Maharashtra to invest Rs 35 billion in establishing an electric truck manufacturing facility.  The facility, set to begin operations in FY 2025-26, will have the capacity to produce 30,000 electric trucks annually. The facility will include advanced research and development capabilities, a battery-pack production line, a motor manufacturing unit, and charging stations.  The…

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UltraTech Cement expands electric truck fleet for sustainable logistics

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UltraTech Cement Limited is expanding its use of electric trucks, contracting 100 EV trucks to transport 75,000 tonnes of clinker monthly over a 400-km roundtrip between its Dhar Cement Works in Madhya Pradesh and Dhule Cement Works in Maharashtra. This initiative is projected to cut carbon emissions by 17,000 tonnes annually. The move builds on a pilot project launched in January 2024 with five EV trucks. UltraTech plans to deploy 500 EV trucks by June…