New Delhi: Hyderabad-based Tech-driven electric vehicle (EV)
Manufacturer etrio has partnered with the Bengaluru-based renewable energy consultants and developers of environmental commodities, Kosher Climate, to create a carbon credit framework for commercial EVs. This collaboration will help companies reduce Greenhouse emissions and use tradable carbon credits to achieve the net zero goal.
This framework follows the Verified Carbon Standard Methodology and will help companies gain economic and environmental benefits from fully electric and hybrid commercial fleet deployments, making them truly sustainable businesses.
“Etrio is one of the first EV manufacturers in India to create a carbon credit framework specifically for the 3-wheeler commercial EV segment,’ Managing Director & Co-promoter, Etrio, Kalyan C Korimerla, said.
“Tradable carbon credits will help our customers meet their sustainability goals and achieve substantial savings. At the same time, the monetization of carbon credits creates an additional revenue inflow into the EV Industry. We chose Kosher Climate as our partner in this endeavour based on their global experience in offering end-to-end carbon credit solutions to 100+ customers across nine counties. We believe a framework for tradable carbon credits is a sustainable growth model which augurs well economically and environmentally,” he added.
Etrio’s commercial electric vehicles are deployed widely across various commercial use cases – agri logistics, waste management, e-commerce, cold chain logistics, gas delivery, and for other last-mile logistics requirements. Its product portfolio has a wide range of electric vehicles with payloads ranging from 350 kg to 700 kg across three and four-wheeler segments.
Source: Economic Times
Published On: April 6, 2023