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NITI Aayog Unveils GearShift Challenge to Accelerate Zero-Emission Truck Adoption in India
Context: NITI Aayog, in collaboration with IIM Bangalore, Smart Freight Centre India, CALSTART/Drive to Zero, and WRI India, launched the NITI GearShift Challenge as part of the e-FAST India initiative.
More on news:
- The hackathon aims to foster innovative business models for the adoption of zero-emission trucks (ZETs) in India.
- Students, transport service practitioners, academics, and researchers are invited to participate.
- Focus: Develop business models addressing financial, technical, and operational challenges in the adoption of electric trucks.
- Hackathon Structure: Divided into two rounds:
- Round 1: Teams submit initial business models addressing specific barriers (technical, operational, or financial).
- Round 2: Shortlisted teams present detailed business models with implementation roadmaps and comprehensive research.
- Industry leaders will mentor teams to ensure practical and impactful solutions.
- Significance of Transition: India’s freight sector is crucial, accounting for 55% of annual diesel consumption and nearly 40% of CO2 emissions from road transport.
- Environmental Impact: Electric trucks offer a transformative opportunity to reduce emissions, improve air quality, and enhance energy security.
- Purpose: Accelerate the adoption of zero-emission trucks to benefit both the economy and the environment in India.
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e-FAST India Overview:
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