Expanded Financing Access will be Crucial to Ramped up Adoption of Electric Two-wheelers (e2Ws) in India
Frost & Sullivan
JUNE 5, 2023
The NITI Aayog has asserted that EV financing in India could represent a market size of Rs 40,000 crore by 2025 and Rs 3.7 Increasing competition in the 2W financing space, in general, reflects the increasing participation of NBFCs and fintechs. lakh crore by 2030. Collaborations are also being seen as crucial to competitive survival.
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