BILLIONe Co-Founder Discusses Green Hydrogen Mission and Transportation Sector Evolution
Key Ideas
  • Mustafa Wajid views the Indian government's Green Hydrogen mission positively, emphasizing its first application in industrial processes before shifting focus to transportation.
  • He highlights the importance of green hydrogen's availability, access, and cost in gaining acceptance, especially in the cost-sensitive logistics industry.
  • Wajid predicts significant growth in electric vehicles in India over the next few years and advocates for integrating green electricity to create a sustainable transportation ecosystem.
  • BillionE aims to reduce petroleum consumption in transportation by deploying electric trucks amidst India's increasing transportation demands driven by urbanization and e-commerce.
Mustafa Wajid, the Co-Founder of BILLIONe, shared his insights on the Indian government's Green Hydrogen mission and the evolution of the transportation sector. He commended the initiative's focus on industrial processes like steel and fertiliser industries, emphasizing the upcoming shift towards utilizing green hydrogen in transportation, particularly in larger vehicles for long-haul operations. Wajid stressed the significance of green hydrogen's availability, access, and cost in determining its adoption, especially in the cost-sensitive logistics industry. He expressed optimism about the growth of electric vehicles in India and highlighted the potential for integrating green electricity to enhance sustainability. BILLIONe's efforts in reducing petroleum consumption by deploying electric trucks align with addressing India's increased transportation needs due to urbanization and the booming e-commerce sector.
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