Roadblocks and solutions to Financing EVs in India
India’s automobile sector relies heavily on third-party financing, with vehicle loans contributing to the personal loan growth of 16% in May 2022. As electric vehicles (EV) gain momentum, access to affordable capital is essential. Addressing high interest rates, short loan tenures, and low LTV ratios is critical for EV financing growth.
visit here https://www.ceew.in/cef/quick-....reads/explains/roadb
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