According to a recent report, India’s electric vehicle financing industry is projected to be worth Rs 3.7 lakh crore in 2030. The government is planning to set up an institution to fund businesses with a focus on electric vehicles as well as facilitate new financial instruments for lending to the public transportation and commercial vehicle […]
India can save Rs 17,000 crore if electric vehicles hit the road by 2030: NITI Aayog and RMI
India could realize EV sales penetration of 30 percent of private cars, 70 percent of commercial cars, 40 percent of buses and 80 percent of two- and three-wheelers by 2030 if FAME II and other measures are successful, report says. Thinktank NITI Aayog and the Rocky Mountain Institute (RMI) have launched a report on the […]