India, Aug. 9 -- A new study by Shell Foundation and Smart Freight Centre finds Indian freight drivers who switch to electric vehicles can earn about 25 per cent more, mainly due to lower operating and maintenance costs.

However, high loan repayments remain a key barrier, making inclusive financing models, platform-backed leasing and lease-to-own structures critical to unlocking wider EV adoption and stable livelihoods.

Drivers switching to electric freight vehicles can earn around 25 per cent higher incomes than in their previous occupations, with three-wheeler electric vehicle (EV) drivers reporting monthly income gains of Rs 4,000 to Rs 8,000 and four-wheeler EV drivers earning around Rs 4,000 more per month, according to a study by ...