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Axis Bank extends Rs 1 billion loan to Everest Fleet for EVs | Autocar Professional

Baua Electric

Axis Bank has extended a loan of Rs 1 billion to Everest Fleet to empower them to purchase electric vehicles to be deployed as green taxis in India. billion (USD 30 million) loan to an impact-focused non-bank financial institution in the e-mobility ecosystem in India. The loan is for four years.

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Career Opportunities in the Electric Vehicle Industry

Get Electric Vehicle

In the case of India, the cost of oil imports, rising pollution, and international pledges to combat global climate change are the most important driving factors of the country’s investment in this shift to electric mobility. The following several decades may prove to be significantly greener for India.

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UC Davis, ITDP report finds shared mobility essential for realizing full benefits of electrification and automation

Green Car Congress

In contrast, by encouraging a large increase in trip sharing, transit use, and active transport through policies that support compact, mixed use development, cities worldwide could save an estimated $5 trillion annually by 2050 while improving livability and increasing the likelihood of meeting climate change targets.

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Drive Electric Submission on the Emissions Reduction Plan Discussion Document

Drive Electric

Drive Electric has advocated for a comprehensive plan to decarbonise transport for the past two years. Our submission and inputs relate specifically to accelerating the uptake of e-mobility, but we recognise that decarbonising transport is much wider than that. We also don’t need to ‘reinvent the wheel’. around land use).