India GreenLine to invest $46 million in electric truck fleet for Hindustan Zinc
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 04 2025
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Should l Buy ?
Source: Reuters
Investment in Electric Trucks: India's GreenLine Mobility Solutions will invest 4 billion rupees ($45.7 million) to enhance its electric truck fleet for Hindustan Zinc, transitioning from diesel vehicles to support the company's goal of achieving net-zero carbon emissions by 2050.
Infrastructure Development: The investment will also fund the establishment of a battery-swapping infrastructure and increase Hindustan Zinc's liquefied natural gas-powered truck fleet to 200 for long-haul transport, as part of broader efforts to decarbonize logistics.
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
