Olectra Greentech Sets Sights On Heavy-Duty Electric Trucks
Indian EV manufacturer expands beyond buses with plans for high-tonnage electric trucks while boosting annual production capacity to 10,000 units.
By Shahkar Abidi
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Olectra Greentech Ltd, a leading electric vehicle (EV) manufacturer, is accelerating its production capacity with a target of 10,000 units annually within the coming years. While its core focus remains on the electric bus segment, the company is now setting its sights on heavy-duty electric trucks, particularly in the high-tonnage and mining sectors.
Olectra’s decision to venture into the electric truck market stems from the growth opportunities in the higher tonnage catetory, amidst the lack of significant competition in the space. With global commercial transport shifting toward sustainable solutions, electric trucks could provide a compelling alternative to diesel-powered counterparts, ...
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