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).
Bu hikaye The Sunday Guardian dergisinin March 24, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber ? Giriş Yap
Bu hikaye The Sunday Guardian dergisinin March 24, 2024 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 8,500+ magazines and newspapers.
Already a subscriber? Giriş Yap
KCR's 'Bus Yatra' revives the BRS in Telangana
The rationale behind undertaking the bus rally by KCR was to recover from the damages faced by the party after the decisive loss in the recently held assembly elections, according to party insiders.
Delhi Court denies to extend interim bail of Supertech chairman
Delhi’s Patiala House Court has rejected the plea filed by Supertech chairman and promoter RK Arora, who sought a further 90-day extension of interim bail on medical grounds. Arora was apprehended in June last year in connection with a money laundering case.
Bank of Maharashtra comes up with seamless banking solution
In an era where time is a luxury and customers seek instant access to financial services, Bank of Maharashtra’s WhatsApp Banking services simplifies everyday banking services to meet demands of modern life.
India's defence sector has ordering opportunities for $138 bn over 10 years
India’s defence sector holds a lucrative ordering opportunity of USD 138 billion over FY24-32 amid the escalating demand for defence equipment, technologies, and services, offering significant prospects for companies engaged in defence production and technology development, according to a report titled ‘India Defence’ by Nomura.
HONDA INAUGURATES GREEN R&D FACILITY IN BENGALURU
Honda Research and Development, a subsidiary of Honda Motor Co and functioning as Honda’s research and development arm for motorcycles and power products in India, has opened its new solution R&D centre in Bengaluru, Karnataka.
UNCERTAINTY OVER ELECTION RESULTS WILL KEEP MARKET VOLATILE: EXPERTS
The Nifty-50 Index and Sensex both experienced losses of around 3 percent each over the past week, while the mid-cap index saw a decline of 3.9 percent. The Indian market has been consistently under pressure from selling by investors, leading to significant volatility in the past week.
ATTEMPT TO MURDER: INDORE COURT ISSUES ARREST WARRANT AGAINST AKSHAY BAM
A sessions court in Indore (Madhya Pradesh) has issued an arrest warrant against local businessman Akshay Bam and his father in connection with a 17-yearold attempted murder case.
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
India’s 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.
FOCUS NEEDED ON INTEREST SUBVENTION PLAN: FIEO CEO
Director General & CEO, Federation of Indian Export Organisations (FIEO) Ajai Sahai shares with The Sunday Guardian his hope to see the interest subvention scheme find its place in the Government’s 100-day agenda and the relevance of the scheme amidst global disruptions here are some excerpts.