Leading The Shift Towards Mass Adoption Of LNG Trucks
Commercial Vehicle|October 2024
With LNG policy, pricing, infrastructure and the recent launch of Tata Prima 5530.S LNG in focus, the mass adoption of LNG trucks for sustainable green logistics is more crucial than ever before, writes Ashish Bhatia.
Ashish Bhatia
Leading The Shift Towards Mass Adoption Of LNG Trucks

Recent developments in LNG infrastructure enhance its viability as a long-haul fuel option. The goal is to boost LNG infrastructure and support India’s energy transition toward sustainable and green logistics. According to a recent study by the US Energy Information Administration, India’s LNG industry is set to triple its natural gas consumption by 2050. Indian natural gas consumption is projected to grow at an annual rate of 4.4 per cent, significantly outpacing China’s projected growth rate of two per cent. This positions India as the fastest-growing market for natural gas, with an anticipated investment of Rs. 7.8 lakh crore in this sector.

Up to 73 million metric tonnes of petroleum products could potentially be replaced by natural gas. This growth will necessitate a significant increase in both domestic natural gas supply and imports in the coming years to support LNG-based transportation. The government’s target to increasing the share of natural gas in energy mix to 15 per cent by 2030 is expected to help India reduce its dependency on oil, influenced by economic factors and energy dynamics.

THE CRITICAL ROLE OF LNG TRUCKS

Truck OEMs are chalking out their decarbonisation strategies. and establishing their priorities to meet the goals that the government of India has set. Environmentally, LNG trucks are known to offer about 23 per cent lower emissions compared to diesel. However, the economic advantage can vary based on specific conditions and market factors. Looking ahead, the importance of geopolitical factors, supply constraints, and increasing demand, particularly from India, China, and other Asian countries can’t be stressed enough. India must focus on enhancing its gas industry infrastructure to effectively utilise the expected demand growth of which LNG-based transportation will be a crucial subset in the next decade. No wonder, countries the world over are incentivising the use of LNG trucks.

Denne historien er fra October 2024-utgaven av Commercial Vehicle.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra October 2024-utgaven av Commercial Vehicle.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA COMMERCIAL VEHICLESe alt
Tesla Robotaxi plans face scrutiny
Commercial Vehicle

Tesla Robotaxi plans face scrutiny

Tesla’s investors are set to question CEO Elon Musk on the company’s robotaxi plans during its quarterly earnings report, after a hyped reveal without key details led to a dip in shares.

time-read
1 min  |
October 2024
Open Telematics software
Commercial Vehicle

Open Telematics software

Cummins has partnered with Bosch Global Software and KPIT to launch Eclipse CANought, an open-source project for commercial vehicle telematics under the Eclipse Software Defined Vehicle initiative.

time-read
1 min  |
October 2024
SML Isuzu Annual Dealer Conference 2024
Commercial Vehicle

SML Isuzu Annual Dealer Conference 2024

From 13th to 17th September 2024, SML Isuzu Ltd hosted its Annual Dealer Conference in Dubai. The event brought together 70 pan-India domestic and Internal dealers, creating a platform for strategic discussions and unveiling the Annual Operating Plan (AOP).

time-read
1 min  |
October 2024
District Version of PMGatiShakti National Master Plan for 27 aspirational districts
Commercial Vehicle

District Version of PMGatiShakti National Master Plan for 27 aspirational districts

Union Minister of Commerce and Industry, Piyush Goyal, launched the district version of the PM GatiShakti National Master Plan for 27 aspirational districts, marking the third anniversary of the PM GatiShakti initiative.

time-read
2 mins  |
October 2024
The Best Of Automechanika Frankfurt 24
Commercial Vehicle

The Best Of Automechanika Frankfurt 24

The 27th edition of Automechanika Frankfurt got underway, marking the return of the largest B2B aftermarket trade fair for the global automotive industry, writes Ashish Bhatia.

time-read
5 mins  |
October 2024
64th SIAM Annual Convention
Commercial Vehicle

64th SIAM Annual Convention

The 64th SIAM Annual Convention focused on mobility strategies for advancing the industry. The eyes are on a sustainable future by 2047, writes Richa Tyagi.

time-read
7 mins  |
October 2024
Commercial Playsets
Commercial Vehicle

Commercial Playsets

Even as the Indian automobile industry touches new heights and innovations, it is the commercial mobility play sets that continue to be a major draw. It is a good starting point for the next generation, writes Prajakta Chavan Rane from her plant sojourn.

time-read
7 mins  |
October 2024
Transforming India's Roads - The Urgent Need For Commercial Vehicle
Commercial Vehicle

Transforming India's Roads - The Urgent Need For Commercial Vehicle

The CV sector, a cornerstone of India's economy plays a pivotal role in driving growth and serving as the backbone of the logistics industry, writes Chidambaram Balaji, Regional Product Line Leader (India) Chassis Control, ZF India.

time-read
3 mins  |
October 2024
NAGPUR-MUMBAI SAMRUDDHI EXPRESSWAY FOR TRANSPORTERS
Commercial Vehicle

NAGPUR-MUMBAI SAMRUDDHI EXPRESSWAY FOR TRANSPORTERS

The Nagpur-Mumbai Samruddhi Expressway, a transformative project in Maharashtra, promises to enhance connectivity and spur economic growth. Upendra Kasbekar checks the on ground progress.

time-read
6 mins  |
October 2024
Elevating Customer Value Proposition
Commercial Vehicle

Elevating Customer Value Proposition

Guru Ram Das Body Builders has significantly evolved to enhance the customer value proposition. It has adeptly adjusted to the changing commercial vehicle market, writes Ashish Bhatia.

time-read
7 mins  |
October 2024