Mobilising Electric Vehicle Financing in India

March 9, 2021 February 20, 2022

‘Mobilising Electric Vehicle Financing in India’ is a new report that was jointly released by NITI Aayog and Rocky Mountain Institute (RMI) India. The report highlights the role of financial sector in India’s transition towards Electric Vehicles. It estimates that the transition requires an overall capital investment of $266 billion (Rs.19.7 lakh crore) in electric vehicles, supporting infrastructure and equipment over the next decade. Financing market for EVs will be worth Rs.3.7 lakh in 2030.

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