Market analysis of heavy-duty vehicles in India for fiscal year 2017-2018
Regulators are working toward an India-specific version of the European Commission’s Vehicle Energy Consumption Calculation Tool (VECTO), and its use in future fuel efficiency regulations would allow India to implement simulation-based standards that are more aligned with trends in other major vehicle markets. Information about the market for new heavy-duty vehicles (HDVs) in India is important when seeking to craft such regionally focused regulations, and to help, this paper examines fiscal year (FY) 2017–18 data for commercial truck and bus sales in the country. This is a follow-up to a previous ICCT market study for FY 2013–14.
