As the world is quickly moving towards sustainable living, road transport in India too is open to achieving environment-friendly objectives with a range of Electric Vehicles (EVs) and fleets due on Indian roads soon. Backed by leading Indian CEOs & Investors, the startup aims to solve climate change using the trifecta of education, networking & actions. Terra.do raise $1.5M in early-stage funding from a group of climate-conscious angel investors that include: Zomato Founder & CEO Deepinder Goyal, Zerodha Founder & CEO, Nithin Kamath, MakeMyTrip Founder & CEO Deep Kalra, Former Flipkart Chief People Officer Mekin Maheshwari, Yulu Founder Amit Gupta and Helion Venture Partners Co-founder Ashish Gupta.
A six-week course on opportunities and challenges on the upcoming electrification of commercial fleets has been designed by Terra.do for entrepreneurs, investors, partners, and other professionals dealing with this electric mobility revolution. It includes stellar faculty members, a comprehensive syllabus and networking opportunities among other benefits.
The programme will give a clear overview of the technology, infrastructure, policy, and economics of EVs to all participants. It is designed for anyone dealing with the impending EV transition at scale from auto industry players to city planners among others.
The participants will understand the intricacies of EVs and build an EV transition plan for their organization. Along with this, it will also offer a ready platform for networking with other auto and transit professionals and EV industry leaders over classes that run around 5 hours/week. Participants also get lifelong access to the ever-growing global network of Terra.do climate fellows that range from industry, policy, technology and more.
The course is created by Kartik Gopal, Senior Industry Specialist, Electric Vehicles, International Finance Corporation. With over 25 years of global work experience, of which the last 11 years have been in leading roles in the electric vehicle (EV) industry. He currently serves as the global EV industry specialist at the International Finance Corporation (IFC), a part of the World Bank Group.
“Terra.do bring together highly talented and deeply committed individuals who are keen to make a difference to climate change. Transport accounts for approximately 25% of CO2 emissions globally, and the transition to EVs is a necessary part of the solution to climate change. In particular, transitioning commercial fleet operations to EVs today offers fleets an opportunity to reduce their total ownership costs, contribute to a cleaner environment and participate in the exciting, once-in-a-lifetime adventure of leading the transformation of a 100-year-old industry. This the course aims to provide a holistic appreciation of how to manage this transition by taking into account the technical, operational, financial, regulatory and market context of EVs.”
Transition to Electric Vehicles globally is a necessary next step in our efforts to reduce carbon emissions, and while several national and state government bodies have come up with decarbonization and fleet electrification mandates, there’s a massive knowledge gap amongst governments, policymakers, private and public infrastructure, fleet owners, EV company operators, and startups. And that’s what we are aiming to help overcome with the EV course at Terra.Do India is already a leader in the electric 2- and 3-wheeler market with pioneers such as Mahindra Electric, Ola Electric, and government initiatives such as Faster Adoption and Manufacturing of Hybrid and EV (FAME). Given India’s scale, rising middle class and gasoline prices, high reliance on heavy public transit fleets, and high calibre engineering talent; we believe India is going to be a key consumer and producer of EVs said Mr Anshuman Bapna, Co-Founder & CEO, Terra.do