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Banks and NBFCs warm up to electric trucks financing
Financial Express Lucknow
|May 22, 2026
BANKS AND NON-BANKING financial companies (NBFCs), once reluctant to finance electric commercial vehicles due to concerns around battery life, residual value and operational viability, are now increasingly opening up capital flows to the segment as improving economics and charging infrastructure strengthen confidence in the ecosystem, according to Rajesh Kaul, vice president and business head — trucks at Tata Motors.
Speaking at the FE Mobility event, Kaul said financing sentiment around electric trucks has changed significantly compared to the early years of EV adoption, when lenders were hesitant to underwrite assets amid uncertainty over operational performance and resale value.
Denne historien er fra May 22, 2026-utgaven av Financial Express Lucknow.
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