Experts call for standardised criteria in OEM financing
India, March 24 -- The Small Industries Development Bank of India (SIDBI), has unveiled six de-risking measures to accelerate India's electric two and three-wheeler adoption to reduce investors' risks in the EV ecosystem and give impetus to financing options for electric two and three-wheelers with the broader goal of accelerating the country's EV adoption at an even faster scale. Taking a deep dive into the deliberations on the EV ecosystem as well as to leverage the Indian experience for replication, the SIDBI's 'de-risking lending for a brisk EV uptake' report under guidance of NITI Aayog and with Rocky Mountain Institute (RMI) as a knowledge partner, was launched at the 'Transforming Transportation 2024' conference in Washington, D.C. a...
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