Outlook on Zero-Emission Truck Financing
RMI’s insight brief covers global case studies on financing zero-emission trucks and their implications for India.
As India moves toward its net-zero targets, transitioning to zero-emission trucks (ZETs) is crucial, given the trucking sector’s outsized impact on air pollution and carbon emissions. Although diesel trucks make up just 3 percent of India’s vehicle fleet, they account for 53% of particulate matter emissions and one-third of transport-related CO₂ emissions. A committed shift to ZETs could deliver 2.8–3.8 gigatons of cumulative CO₂ savings by 2050. Additionally, with road freight consuming over 25% of annual oil imports, widespread ZET adoption could cut diesel consumption by 838 billion liters and save up to ₹116 lakh crore (US$1.5 trillion) in oil costs by 2050.
By curbing emissions and lowering fleet operating expenses, ZETs present both economic and environmental advantages, making them a strategic investment for a sustainable future.
RMI’s resources support the ZET ecosystem and accelerate adoption by identifying key barriers and identifying market enablers and solution pathways. Our work spans policy, financing, infrastructure deployment, and real-world demonstrations to drive the ZET transition.
These resources offer a comprehensive assessment of market risks and conditions, outlining actionable solutions to mitigate risk, allocate losses, and mobilize financing.
RMI’s insight brief covers global case studies on financing zero-emission trucks and their implications for India.
Discover financial strategies to fund India's first 10,000 zero-emission trucks, tackle risks, and unlock capital for a cleaner, sustainable future.
RMI’s insight brief covers global case studies on financing zero-emission trucks and their implications for India.
RMI’s report lays out a comprehensive and actionable framework to mobilize financing for zero-emissions trucking in India.
The resources below highlight the importance of policy interventions, best practices available globally ,and relevant policy measures for India.
Policy roadmap to boost zero-emission truck adoption in India with global insights, investment strategies, and phased interventions.
The resources below highlight the key opportunities and benefits that freight electrification can bring, as well as existing barriers and solutions to accelerate ZET adoption.
Transforming Trucking in India outlines the economic case for scaling battery-electric and fuel-cell- electric truck adoption.
These resources focus on technology assessment and infrastructure development along corridors — including identification of key corridors and the development of corridor implementation plans.
Resources to come
The resources below provide technical guidance and capacity support to support public and private sector stakeholders in initiating demonstration projects.
Resources to come