article thumbnail

Zomato, Kotak Mahindra and Gogoro join hands to advance the ownership of EVs

Electric Vehicles India

Kotak Mahindra Prime Limited (KMPL) is a non-banking financial company (NBFC) that specializes in vehicle financing. The company also offers inventory funding to dealers and has tie-ups with several automobile manufacturers for providing financing options to their customers.

Taiwan 88
article thumbnail

The Auto Industry Must Aim 100% Electrification In 2 & 3-wheeler Segments Says Amitabh Kant

Get Electric Vehicle

According to the Society of Indian Automobile Manufacturers, domestic two-wheeler sales in 2021-22 were 1,34,66,412 units, three-wheeler sales were 2,60,995 units, and overall vehicle sales across categories were 1,75,13,596 units (SIAM). “It has dropped by more than 100% in the last five to six years.

article thumbnail

8-state alliance releases action plan to put 3.3M ZEVs on their roads by 2025

Green Car Congress

This will include working with the automobile manufacturers and dealers to ensure that all plug-in electric vehicle models are available for sale and aggressively marketed in all MOU states. Assessment of creative vehicle financing innovations.

Plug-in 244
article thumbnail

Electric vehicles sales, transportation & policy initiatives 

Electric Vehicles India

The Society of Indian Automobile Manufacturers (SIAM) is an apex national body representing all major vehicle & vehicular engine manufacturers in India. It has announced the sales of the automobile industry for May 2021. Ministry of Finance (MoF). per cent growth.