Full Title: De-Risking Lending for a Brisk EV Uptake: A Practical Guide on Key De-Risking Measures for Electric Two- and Three-Wheelers in India
Author(s): Niti Aayog
Publisher(s): Rocky Mountain Institute
Publication Date: March 3, 2024
Full Text: Download Resource
Description (excerpt):
India’s electric mobility sector is witnessing swift expansion, surpassing 1.5 million units in sales in 2023, primarily driven by the electric two-wheelers segment. Despite achieving cost competitiveness with internal combustion engine counterparts over their lifecycle, commercially used electric two- and three-wheelers continue to face challenges stemming from higher initial expenses and limited access to financing.
This report, De-Risking Lending for a Brisk EV Uptake, outlines six prioritized de-risking measures that can create tangible value for financiers by effectively mitigating risks associated with lending to electric two- and three-wheelers.