The Board of Directors of Portland-based WEX on Thursday announced the establishment of its new investment arm, WEX Venture Capital to invest up to $100 million by the end of 2025 ...

With the intention of creating affordable commercial financing for electric vehicles and prioritizing the national goal of EV30@30, the Small Industries Development Bank ...

The Union Ministry of Heavy Industries (MHI) has reduced the incentives for electric two-wheelers (E2Ws) under Faster Adoption and Manufacturing of Electric Vehicles (FAME)-II sche...

A group of financiers of electrical autos has announced that they have launched the Electric Mobility Financiers Association of India (EMFAI). It will act as a typical platform for...

With immense demand emerging for EVs in India, the concern is currently on the input side of the manufacturing. The industry has to invest on key components and supply chain, espec...

In the Indian EV ecosystem today, huge investments are required to address technology redundancy and adequate production capacity. Priority lending and variety of instruments for c...

India has made a strong commitment to e-mobility. The country's EV transition is gaining traction due to demand creation, State EV policies, and domestic manufacturing. Concurrentl...

Electric vehicle manufacturer Kinetic Green Energy has announced its partnership with Chennai-based Murugappa Group's financial services arm Cholamandalam Investment and Finance Co...

Leading electric two-wheeler manufacturer Hero Electric in partnership with Cholamandalam Investment and Finance Company Ltd. (Chola) will be offering easy and smart financing opti...

According to a recent research note published by ICRA Research, asset utilisation remains to be a key factor for operating viability of EV charging stations in India. The study est...

cKers Finance, an NBFC focused on financing sustainability and clean energy in India has provided a debt financing facility to EV firm SUN Mobility. The capital being provided to S...