Remove Companies Remove Financing Remove Purchase Remove Sustainable Transportation
article thumbnail

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. Through this blended finance transaction, we have supported a service model and mobilised development capital.” The loan is for four years.

Fleet 40
article thumbnail

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

Electric Vehicles India

” He also added, “Gogoro Network battery swapping and vehicles provide a proven track record of safety and security that Non-Banking Financial Companies (NBFCs) like Kotak Prime can embrace and support. Kotak Mahindra Prime Limited (KMPL) is a non-banking financial company (NBFC) that specializes in vehicle financing.

India 88
article thumbnail

Lucid signs agreement with Saudi Arabia for 155k unit capacity manufacturing facility

Teslarati

The agreements not only solidify the plans for the manufacturing plant, which is Lucid’s first outside of the United States, but also locks in funding, financing, and incentive plans to make the project possible. The Saudi Arabian government will then have the option to purchase an additional 50,000 cars.

article thumbnail

Neuron Energy and Urja Mobility join for innovative battery leasing solutions – ET Auto

Baua Electric

This strategic alliance signifies a significant stride towards enhancing sustainable transportation solutions, especially in the last-mile delivery sector.Neuron Energy is renowned for its comprehensive range of electric mobility solutions, encompassing lead-acid, advanced lithium-ion, and cutting-edge sodium-ion technologies.

Auto 52
article thumbnail

How Eco-Friendly Transportation Boosts Business Success

Clean Fleet Report

Making more green business decisions for your transportation needs reduces environmental damage and provides numerous cost-saving benefits for companies. Let’s closely examine how eco-friendly transportation can make your business successful. A McKinsey & Company U.S.

article thumbnail

Report on electric vehicle adoption in india

Baua Electric

Below are some key aspects of the electric vehicle adoption landscape in India: Government Initiatives: The Indian government has been actively promoting the adoption of electric vehicles as part of its sustainable transportation agenda. This competition has led to advancements in technology and design, benefiting consumers.

India 98
article thumbnail

Uber Green Launches in India: Revolutionizing Sustainable Mobility

Get Electric Vehicle

Let’s explore the details of UberGreen’s launch in India and its potential implications for sustainable mobility. Sustainable Transport For A Greener India UberGreen, a new service introduced by Uber, is designed to cater to the growing demand for sustainable transportation solutions.

India 40