Etrio & Kosher Climate Join Hands For India’s Carbon Credit Framework for Commercial 3W EVs 

FacebookFacebookTwitterTwitterLinkedinLinkedinGmailGmail

Tech-driven EV manufacturer in India, Etrio has announced strategic partnership with Bangalore-based renewable energy consultants and developers of environmental commodities – Kosher Climate, to collaborate for creating a carbon credit framework. The firm claims it is a first-of-its-kind mechanism designed for commercial EVs. This collaboration will help companies reduce greenhouse emissions and use tradable carbon credits to achieve the net zero goal.

This framework follows the verified carbon standard methodology and will help companies gain economic and environmental benefits from fully electric and hybrid commercial fleet deployments, making them truly sustainable businesses.

“Etrio is one of the first EV manufacturers in India to create a carbon credit framework specifically for the 3-wheeler commercial EV segment,” announced Managing Director & Co-promoter, Etrio, Kalyan C Korimerla.

“Tradable carbon credits will help our customers meet their sustainability goals and achieve substantial savings. At the same time, the monetization of carbon credits creates an additional revenue inflow into the EV Industry. We chose Kosher Climate as our partner in this endeavour based on their global experience in offering end-to-end carbon credit solutions to 100+ customers across nine counties. We believe a framework for tradable carbon credits is a sustainable growth model which augurs well economically and environmentally,” Korimerla added.

According to Vamsi Krishna, Managing Director, Kosher Climate, “We are looking forward to making this collaboration a huge success. Every industry, country, and stakeholder faces unique challenges in managing carbon neutrality goals and requires a bespoke carbon assessment framework to achieve its zero-emission goal. Etrio’s deep insights and experience in deploying EVs across different commercial use cases and various terrains in India has laid the foundation for creating an apt framework for commercial 3-wheeler EVs that was amiss in India and within the Indian context.”

Kosher Climate provides advisory support to companies, businesses, governments, multi-lateral agencies, and NGOs in achieving their net zero goals.

I am Renew

Recent Posts

CBG blending mandate needs to come with formal structuring and certification program– Mahesh Girdhar, CEO, EverEnviro

1. The mandate for blending Compressed Biogas (CBG) with natural gas has come into effect…

4 days ago

Australia’s Arvensis Group to build Rs 150-cr CBG plant in Andhra Pradesh

Andhra Pradesh is striving towards greening its energy sector with quite some speed. In a…

1 week ago

CBG-CGD Synchronisation: GAIL, Gujarat Gas & Baba Deep Singh sign tripartite agreement for CBG supply in Punjab

With an objective to bolster India’s green energy goals, a Tripartite Agreement has been signed…

1 week ago

MNRE Minister Pralhad Joshi launches Green Hydrogen Certification scheme

The Union MNRE Minister Pralhad Joshi launched the Green Hydrogen Certification Scheme of India (GHCI)…

1 week ago

5MW green hydrogen plant operationalised at BPCL Madhya Pradesh Refinery

India’s energy conglomerate Bharat Petroleum Corporation Limited (BPCL) has commissioned a 5MW green hydrogen plant…

1 week ago

Europe puts ‘Biomass’ satellite into orbit to track forests & carbon storage

In a historical development, the European Space Agency (ESA) has successfully launched its pioneering ‘Biomass’…

1 week ago