By Priya Singh
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Updated On: 10-Apr-2023 10:16 AM
This collaboration will help enterprises in reducing greenhouse gas emissions and use tradable carbon credits to attain the net zero target.
This collaboration will help enterprises in reducing greenhouse gas emissions and use tradable carbon credits to attain the net zero target.
Etrio has announced a strategic partnership with Kosher Climate on developing a carbon credit framework. This will be a first-of-its-kind mechanism designed for commercial EVs.
This collaboration will help enterprises in reducing greenhouse gas emissions and use tradable carbon credits to attain the net zero target. This methodology adheres to the Certified Carbon Standard Methodology and will assist organizations in gaining economic and environmental benefits from completely electric and hybrid commercial fleet deployments, transforming them into truly sustainable businesses.
As a carbon market pioneer, Kosher Climate assists companies, governments, multilateral agencies, and non-governmental organizations (NGOs) in achieving net zero targets.
Etrio, on the other hand, is a leading freight EV manufacturer that offers technology-driven EV solutions for a wide range of business use case deployments. Etrio's commercial electric vehicles are widely used in a variety of commercial applications, including Agri logistics, trash management, e-commerce, cold chain logistics, gas distribution, and other last-mile logistics requirements.
Its product offering includes a diverse variety of electric vehicles with payload capacities ranging from 350 kg to 700 kg in three and four-wheeler categories. Etrio EVs stand apart in the commercial vehicle market because they are equipped with cutting-edge telematics technology, allowing them to deliver unrivalled range and performance in their respective categories.
"Tradable carbon credits will help our customers reach their sustainability targets while saving money. Simultaneously, the monetization of carbon credits generates additional cash for the EV industry. We believe that a framework for trading carbon credits is a sustainable growth model that will benefit both the economy and the environment," stated Kalyan C Korimerla, MD and Co-promoter of Etrio.
Vamsi Krishna, MD, Kosher Climate, "Every industry, country, and stakeholder faces unique obstacles in managing carbon neutrality goals, necessitating the development of a customized carbon assessment system to accomplish its zero-emission goal."
Etrio's significant expertise and experience in deploying EVs across multiple business use cases and terrains in India has set the groundwork for developing an appropriate framework for commercial electric 3-wheeler that were lacking in India.
Kosher Climate assists firms, businesses, governments, multilateral agencies, and non-governmental organizations (NGOs) in attaining their net zero goals.
Etrio is an EV manufacturer with the goal of leading freight fleet electrification. It is founded in 2017 and headquartered in Hyderabad, The company is improving the environment, people's lives, and businesses, as well as promoting EV adoption at scale in India, all while focusing on offering best-in-class goods, services, and solutions to India's expanding freight and logistics sector.
Kosher Climate India Private Limited is a company based in India. Kosher Climates is a Bangalore-based renewable energy consultancy and developer of environmental commodities like as carbon credits and I-RECs.
Kosher Climate is an established and well-known consulting firm offering carbon markets, strategic advisory, and renewable energy project development for corporate entities and government organizations worldwide, with over ten years of experience and 100+ renewable energy and carbon credit projects in 9 countries.
Kosher Climate works with its clients to generate revenue from environmental features, with the goal of improving the quality and dependability of climate change solutions.