Grouped Commercial Vehicle EV Project in India

  • Energy
Registered: VCS (V3657)

MoEVing Urban Technologies Pvt Ltd. (from here onwards MoEVing) is implementing commercial electric 2 wheeler, 3 wheeler and 4 wheeler instead of fossil fuel powered vehicles. MoEVing provides solutions to top e-commerce, e-grocery, FMCG, logistics and D2C companies to optimize their logistics costs and meet their goals of reducing carbon emissions. At the same time MoEVing works with OEMs, driver cum owners and financial institutions to helps address various constraints that are coming in the way of EV adoption. It was founded in Jan 2021. As of August 2022, the company’s fleet of vehicles includes the Ampere, Ather, Hero, Okinawa, Revolt, 2 wheelers and Alti green, ETO, E-Trio, EULER, Omega, Piaggio 3 wheelers. Project activity is replacing fossil fuel (Petrol, Diesel and CNG) powered vehicle from baseline. The usage of electricity powered vehicles instead of fossil fuel powered ones leads to lower GHG emissions per distance driven. This is proven in the respective ER calculations. Included Project vehicles are implemented by MoEVing those were owned by MoEVing or operating on lease. Based on lease agreement carbon credit rights are owned by MoEVing, thus avoiding issues of double counting. Only vehicles are counted where such an agreement has been signed.

Show More Show Less

Recent project blog posts

No posts

Carbon credits

Year Type Quantity
2023 Issuance 65
2023 Retirement 0
Display type: