How to Finance India’s First 10,000 Zero-Emission Trucks

This report outlines a strategic approach to financing the first 10,000 zero-emission trucks (ZETs) in India by addressing four primary risk categories—product, customer, operational, and residual value—to unlock capital and establish a foundation for market scale.

• Financing the initial 10,000 zero-emission trucks (ZETs) in India is viewed as a critical step to demonstrate technology viability, build confidence, and create a basis for future scaling. To achieve this, the report identifies four primary risks that must be managed: product risk (due to limited lifecycle data and fast tech evolution), customer risk (high upfront costs and uncertain revenue), operational risk (lack of charging and maintenance networks), and residual value risk (absence of a secondary market for used ZETs).
• The transition to ZETs requires a collaborative risk-management framework involving multiple stakeholders: OEMs provide warranties and buyback guarantees; fleet operators secure revenue contracts; charge point operators implement charging-as-a-service models; financiers use customized instruments; and development finance institutions (DFIs) or multilateral development banks provide concessional capital and risk-sharing facilities.

APA

RMI (2025). How to Finance India’s First 10,000 Zero-Emission Trucks. https://rmi.org/resources/how-to-finance-indias-first-10000-zero-emission-trucks/

Chicago

RMI. How to Finance India’s First 10,000 Zero-Emission Trucks. 2025. https://rmi.org/resources/how-to-finance-indias-first-10000-zero-emission-trucks/.

Wikipedia

{{cite report |author=RMI |title=How to Finance India’s First 10,000 Zero-Emission Trucks |date=21 February 2025 |url=https://rmi.org/resources/how-to-finance-indias-first-10000-zero-emission-trucks/ |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{rmi2025how, author = {{RMI}}, title = {{How to Finance India’s First 10,000 Zero-Emission Trucks}}, institution = {RMI}, year = {2025}, month = feb, url = {https://rmi.org/resources/how-to-finance-indias-first-10000-zero-emission-trucks/}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }