Why freight is the next frontier of the energy transition
India, July 22 -- Twenty electric trucks. Six hundred commercial trips. Two hundred and eight thousand kilometres on the Bengaluru-Chennai highway - matching diesel on turnaround times and costs closing in. Five long-term shipper contracts followed. Then a 4.2x surge in e-truck orders.
India's electric freight moment isn't coming. It's here.
Nearly 90% of India's crude oil is imported, roughly half consumed by transportation. With freight demand expected to grow 5x to ~17 million trucks by 2050, every year of inaction deepens a structural vulnerability. When oil prices spike - as they inevitably do - logistics margins tighten, shipping costs rise, and those costs are passed on across the economy - to consumers.
Electric freight can red...
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