Electric sanitation vehicle

Electric sanitation vehicle
Electric sanitation vehicle
SectorMost major industry classification systems use sources of revenue as their basis for classifying companies into specific sectors, subsectors and industries. In order to group like companies based on their sustainability-related risks and opportunities, SASB created the Sustainable Industry Classification System® (SICS®) and the classification of sectors, subsectors and industries in the SDG Investor Platform is based on SICS.
Waste Management
Business Model Description

The company produces customized electric sanitation equipment and vehicle based on customer needs, such as the cleaness of the area, and width of the roads where they will perform the task.

Expected Impact

CO2 emissions and environmental pollution from the transportation sector will be reduced because of the use of electric sanitation vehicle.

Indicative ReturnDescribes the rate of growth an investment is expected to generate within the IOA. The indicative return is identified for the IOA by establishing its Internal Rate of Return (IRR), Return of Investment (ROI) or Gross Profit Margin (GPM).
> 25% (in GPM)
Investment TimeframeDescribes the time period in which the IOA will pay-back the invested resources. The estimate is based on asset expected lifetime as the IOA will start generating accumulated positive cash-flows.
Short Term (0–5 years)
Market SizeDescribes the value of potential addressable market of the IOA. The market size is identified for the IOA by establishing the value in USD, identifying the Compound Annual Growth Rate (CAGR) or providing a numeric unit critical to the IOA.
USD 100 million - USD 1 billion
Average Ticket Size (USD)Describes the USD amount for a typical investment required in the IOA.
> USD 10 million
Direct ImpactDescribes the primary SDG(s) the IOA addresses.
Climate Action (SDG 13)
Indirect ImpactDescribes the secondary SDG(s) the IOA addresses.
Sustainable Cities and Communities (SDG 11)
Sector Sources
  • (1) National Development and Reform Commission, Ministry of Finance, Ministry of Housing and Urban-Rural Development, State Administration for Market Regulation, and National Energy Administration, 2020, Opinions on the High-Quality Development of Urban Water, Electricity, Gas and Heating Industry By Reviewing and Standardizing Charges, http://www.gov.cn/zhengce/content/2021-01/06/content_ 5577440.htm (2) National Development and Reform Commission, 2021, Fourteenth Five-Year Plan for the Development of Circular Economy, http://www.gov.cn/zhengce/zhengceku/2021-07/07/5623077/files/ 34f0a690e98643119774252f4f671720.pdf (3) Xinhua News Agency, The Outline for the 14th Five-Year Plan for Economic and Social Development and Long-Range Objectives through the Year 2035, http://www.gov.cn/xinwen/2021-03/13/content_5592681.htm (4) State Council, 2021, Action Plan for Carbon Dioxide Peaking Before 2030, http://www.gov.cn/zhengce/content/2021-10/26/content_5644984.htm (5) State Council, 2021, Opinions on Comprehensively Promoting Rural Revitalization and Accelerating the Modernization of Agriculture and Rural Areas, http://www.lswz.gov.cn/html/xinwen/2021-02/21/content_264527.shtml (6) National Development and Reform Commission, Ministry of Housing and Urban-Rural Development, 2021 14th Five-Year Plan for the Development of Urban Household Waste Classification and Treatment Facilities, https://www.ndrc.gov.cn/xwdt/tzgg/202105/ P020210513624071907544.pdf (7) State Council, 2021, Guiding Opinions of the State Council on Accelerating the Establishment of a Sound Economic System with Green, Low-carbon and Circular Development, http://www.gov.cn/zhengce/content/2021-02/22/content_5588274.htm (8) www.gov.cn, 2019, Rural Infrastructure Construction Upgrading is in Urgent Need, http://www.gov.cn/zhengce/2019-10/14/content_5439186.htm
IOA Sources
  • (9) Fulongma Group Co., Ltd., 2021, 2020 Annual Report, http://static.cninfo.com.cn/finalpage/2021-04-08/1209648048.PDF (10) Yutong Heavy Industries Co., Ltd., 2021, 2020 Annual Report, http://static.cninfo.com.cn/finalpage/2021-04-02/1209625602.PDF (11) China Institute with Professional Industry Research,2021,2021-2022 Environmental Protection Equipment Industry Development Analysis and Direction Forecast,https://baijiahao.baidu.com/s?id=1714013163784137871&wfr=spider&for=pc (12) Release of Yutong New Energy Sanitation Integrated Solution 2020, https://www.sohu.com/na/432130132_120072758 (13) Infore Environment Technology Group Co., Ltd., 2021, 2020 Annual Report, http://static.cninfo.com.cn/finalpage/2021-04-23/1209772822.PDF (14) Huaon.com, 2020, 2020-2025 Potential Analysis and Investment Opportunity Report on New Energy Sanitation Vehicle Industry in China, https://www.huaon.com/channel/trend/640362.html (15) National Development and Reform Commission, 2020, Guiding Opinions on Expanding Investment in Strategic Emerging Industries and Cultivating and Strengthening New Growth Points and Growth Poles, https://www.ndrc.gov.cn/xxgk/zcfb/tz/202009/t20200925_1239582.html?code=&state=123 (16) UNEP, 2022,Emissions Gap Report 2022 https://www.unep.org/resources/emissions-gap-report-2022 (17) Ministry of Finance, Ministry of Industry and Information Technology, Ministry of Science and Technology, and National Development and Reform Commission, 2020, Notice on Improving the Policies on Government Subsidies for Promotion and Application of New Energy Vehicles, http://www.gov.cn/zhengce/zhengceku/2020-04/23/content_5505502.htm (18) Ministry of Industry and Information Technology, 2022, Guiding Opinions on Further Strengthen the Safety System Development of New Energy Vehicle Enterprises, http://www.gov.cn/zhengce/zhengceku/2022-04/09/content_5684250.htm (19) National Development and Reform Commission, 2022, Notice on Issuing Several Policies for Promoting the Steady Growth of Industrial Economy, https://www.ndrc.gov.cn/xwdt/tzgg/202202/t20220218_1315823.html?code=&state=123 (20) National Development and Reform Commission, 2021, Action Plan for Electrification of Vehicles in the Public Sector (2021-2023), http://fzggw.ah.gov.cn/public/7011/145294651.html (21) State Council, 2020, Notice on Issuing the Development plan for the New Energy Vehicle Industry (2021-2035), http://www.gov.cn/zhengce/content/2020-11/02/content_5556716.htm (22) Ministry of Housing and Urban-Rural Development, 2021, Technical standard for rural solid waste collection transportation and treatment, http://www.gov.cn/zhengce/zhengceku/2021-05/21/content_5640033.htm 23)Insight and Info,2022,Analysis of the driving factors of China's electric sanitation vehicle industry,http://www.360doc.com/content/22/06