EVs, hydrogen mobility, application-based trucks: why Daimler is set to go on an overdrive in India
Synopsis
A decade since starting its India operations, Daimler remains a small player in the country. The company is redrawing its strategy and a major highlight of it is the shift in focus from tonnage to application-based products. Armed with expertise in electric and hydrogen fuel-cell technologies, the German automaker is looking to speed up growth in India.
India’s march towards a low-carbon future got a booster shot earlier this week when finance minister Nirmala Sitharaman in her Union Budget speech proposed to set up a comprehensive National Hydrogen Energy Mission. Though the fine print is yet to be ascertained, for the Indian arm of German truck and bus manufacturer Daimler Truck AG, the government’s plan to generate hydrogen from green power sources means it’s time to floor the pedal in the
BY
- GIFT ARTICLE
- FONT SIZE
AbcSmall
AbcMedium
AbcLarge
Sign in to read the full article
You’ve got this Prime Story as a Free Gift
Introductory Offer
₹99 for 2 months
Then ₹2,499 for 1 year (₹208 per month)
Subscribe Now
(Credit card mandatory)
You can cancel your subscription anytime
Yearly
₹2499
15 Days Trial
Subscribe Now
(Pay Using Netbanking/UPI/Debit Card)
