VECV chief says electrification of trucks possible if new business models are adopted
The electric truck segment in India will need new business models and unit economics to become practical says Vinod Aggarwal, MD, VE Commercial Vehicles.
In a recent interaction with Financial Express Online, Aggarwal said, “We have recently sold light-duty electric trucks and are also working on heavy-duty e-trucks. The demand is at a nascent stage, hopefully, as we go along the demand will improve. Because, similarly to TCO in e-buses is now being done on a per kilometre basis, the same has not yet come in the trucking segment. Once the business model comes in the trucking segment for instance like operators in the bus segment, then we may start seeing viability.
