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Auto firms ramp up green drive with new EV launches, water conservation
The Business Guardian
|June 05, 2024
The The automotive sector is gearing up to play a key role in achieving India's sustainability goals with companies taking significant steps towards decarbonisation and embracing principles of material circularity. States like Uttar Pradesh have emerged as a leader in EV adoption, followed by Maharashtra.
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"We need to further intensify our efforts by collaborating across the value chain and adopting green manufacturing techniques and energy-efficient processes. Together, we can build a greener future for the automotive industry and our nation," says Vinnie Mehta, Director General, ACMA.
Euler Motors. an electric commercial vehicle manufacturer, which has opened its first dealership in Agra to give customers access to the company's flagship product, the HiLoad EV, has marked 20 dealerships nationwide, to redefine the EV landscape while addressing the rising demand for commercial EVs and capture 25 per cent of the commercial EV market by the end of FY2024.
"The World Environment Day offers an opportunity to for all stakeholders to pause and rethink their impact on the planet. India's shift to electric vehicles is accelerating, especially in the commercial sector, playing a pivotal role in the nation's move towards a cleaner economy," says Saurav Kumar, Founder and CEO of Euler Motors. The expansion into the UP market aims to facilitate the accelerated adoption of EVs and provide a robust charging infrastructure and a seamless support system for their EV fleet.
This story is from the June 05, 2024 edition of The Business Guardian.
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