GreenLine Mobility’s $275 Million Investment to Decarbonize India’s Heavy-Duty Trucking Sector

Deployment of 10,000 LNG and EV Trucks: The investment will facilitate the rollout of over 10,000 liquefied natural gas (LNG) and electric vehicles (EVs) for heavy-duty logistics operations across India.

Infrastructure Expansion: GreenLine plans to establish a nationwide network comprising 100 LNG refueling stations, EV charging stations, and battery-swapping facilities to support the new fleet.

Significant Emission Reductions: The initiative aims to cut carbon emissions by approximately 1 million tonnes annually, contributing to a cleaner environment.

Strategic Investment by Nikhil Kamath: Zerodha co-founder Nikhil Kamath has invested $20 million in this venture, highlighting the project’s significance in India’s sustainable transportation landscape.