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. and is an outcome of aspirational interaction with 1000+ stakeholders.
The report outlines six derisking measures as solutions for converting challenges or risks into brisk opportunities. It details how two types of de-risking measures can reduce risk and redistribute liability to build EV market confidence and suggests private sector initiatives can mitigate expected losses for financiers, paving the way for favourable EV lending terms.
The report advocates for three fundamental pillars -- risk mitigation through financial products tailored to electric two and threewheelers (e-2/3W), standardised eligibility criteria for OEMs and financiers, and third, institutionalisation of de-risking measures (DRMs).
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HONDA INAUGURATES GREEN R&D FACILITY IN BENGALURU
Honda Research and Development, a subsidiary of Honda Motor Co and functioning as Hondaâs research and development arm for motorcycles and power products in India, has opened its new solution R&D centre in Bengaluru, Karnataka.
UAPA CASE: ALLEGED IM CO-FOUNDER GRANTED BAIL
The Delhi High Court has granted bail to Abdul Subhan Qureshi, co-founder of the banned terror organization Indian Mujahideen (IM), in a terror case.
LS POLL SLOWS DOWN CV VOLUME GROWTH
Indiaâs general elections are slowing down the commercial vehicles (CV) industry with volumes for the domestic CV industry remaining muted as the base effect catches up and amidst a perceived pause in the infrastructural activities as the model code of conduct kicked in ahead of the polls.
HOW NORTH KOREA IS BENEFITING FROM THE WAR IN UKRAINE
Since the start of the war there has been a convergence of interests between Russia and North Korea. Put simply, Moscow has an acute need for munitions and Pyongyang is a willing supplier.
USCIRF report on religious freedom in India ill-conceived
The compilations of events and cases in India, without an effort to understand the complexity of Indian society, marked by plurality, diversity and democratic ethos, actually makes the documenta half-baked exercise.
LOK SABHA ELECTIONS TAKE A MODI VS RAHUL TURN
Prime Minister Modi new strategy is to surround the Congress with new issues in every phase.
SP AIMS TO RECLAIM KANNAUJ AS IT FACES BJP INCUMBENT IN A FIGHT
SP aims to reclaim Kannauj stronghold; BJP counters with incumbent MP Subrat Pathak; issues include perfume industry, agriculture, infrastructure.
Kejriwal instructs cadre to ensure Kanhaiya's victory
Asource close to Kanhaiya Kumar said, Kejriwal has not done this for other constituencies. His instructions are especially for the constituency from where Kanhaiya Kumar is contesting.â
REPORT BUSTS PROPAGANDA ON INDIA'S TREATMENT OF MINORITIES
Unlike in India, where the majorityâs share has gone down, Muslim majority countries in the neighbourhood have witnessed an increase in share.
CHINESE MEDIA REVOKES ENTRIES FROM SOUTH ASIAN JOURNALISM AWARDS
This move is being initiated by the Chinese media organisation due to rising domestic pressure on those seen to be cooperating with foreign entities.