NITI Aayog Unveils GearShift Challenge to Accelerate Zero-Emission Truck Adoption in India

NITI Aayog Unveils GearShift Challenge to Accelerate Zero-Emission Truck Adoption in India

NITI Aayog, in collaboration with IIM Bangalore, Smart Freight Centre India, CALSTART/Drive to Zero, and WRI India, announced the launch of the NITI GearShift Challenge as part of the e-FAST India initiative. This pioneering hackathon aims to foster innovative business models for the adoption of zero-emission trucks (ZETs) in India, addressing the nation’s pressing economic and environmental challenges.

The NITI GearShift Challenge is calling upon students, transport service experts, educators, and researchers to create innovative business models that tackle the financial, technical, and operational hurdles hindering the widespread adoption of electric trucks. The initiative has attracted participation from e-FAST India’s knowledge partners, financial institutions, and industry associations.

The hackathon will unfold in two stages. During Round 1, teams will submit their initial business models focused on overcoming a specific barrier – be it technical, operational, or financial. These submissions should be accompanied by high-level strategies and research. Shortlisted teams will move on to Round 2, where they will present comprehensive business models complete with an implementation roadmap. These detailed proposals will be based on both primary and secondary research. Industry experts will mentor these teams to ensure that their solutions are practical and have a meaningful impact.

The freight sector in India plays a crucial role in the economy by facilitating the efficient delivery of goods to a vast population of over 1.4 billion. However, with road freight being responsible for 55% of the country’s annual diesel consumption and nearly 40% of CO2 emissions from road transport, there is an urgent need to transition to more sustainable practices. One key initiative is the electrification of freight transportation, as electric trucks offer a significant opportunity to reduce emissions, enhance air quality, and improve energy security.

The GearShift Challenge signifies a significant step towards sustainable freight transportation in India. Through leveraging the innovative ideas and expertise of participants, the hackathon aims to create practical solutions that will expedite the adoption of zero-emission trucks, ultimately benefiting both the economy and the environment.

For more information and to participate in the GearShift Challenge, please visit: NITI GearShift Challenge