EXPERTS CALL FOR STANDARDISED CRITERIA IN OEM FINANCING
The Sunday Guardian|March 24, 2024
The Small Industries Development Bank of India (SIDBI), has unveiled six de-risking measures to accelerate India's electric two and threewheeler adoption to reduce investors' risks in the EV ecosystem and give impetus to financing options for electric two and threewheelers with the broader goal of accelerating the country's EV adoption at an even faster scale.
NIVEDITA MUKHERJEE

Taking a deep dive into the deliberations on the EV ecosystem as well as to leverage the Indian experience for replication, the SIDBI's 'de-risking lending for a brisk EV uptake' report under guidance of NITI Aayog and with Rocky Mountain Institute (RMI) as a knowledge partner, was

launched at the 'Transforming Transportation 2024' conference in Washington, D.C. and is an outcome of aspirational interaction with 1000+ stakeholders.

The report outlines six derisking measures as solutions for converting challenges or risks into brisk opportunities. It details how two types of de-risking measures can reduce risk and redistribute liability to build EV market confidence and suggests private sector initiatives can mitigate expected losses for financiers, paving the way for favourable EV lending terms.

The report advocates for three fundamental pillars -- risk mitigation through financial products tailored to electric two and threewheelers (e-2/3W), standardised eligibility criteria for OEMs and financiers, and third, institutionalisation of de-risking measures (DRMs).

Denne historien er fra March 24, 2024-utgaven av The Sunday Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

Denne historien er fra March 24, 2024-utgaven av The Sunday Guardian.

Start din 7-dagers gratis prøveperiode på Magzter GOLD for å få tilgang til tusenvis av utvalgte premiumhistorier og 9000+ magasiner og aviser.

FLERE HISTORIER FRA THE SUNDAY GUARDIANSe alt
The Sunday Guardian

IMPACT OF AI ON SOLAR MODULE MANUFACTURING EFFICIENCY

As the world increasingly turns to renewable energy sources, solar power has become a leading solution in the fight against climate change.

time-read
2 mins  |
November 24, 2024
OPTIMAL COMMUNICATION IS GOLD STANDARD FOR ALL CENTRAL BANKERS: RBI
The Sunday Guardian

OPTIMAL COMMUNICATION IS GOLD STANDARD FOR ALL CENTRAL BANKERS: RBI

MUMBAI Optimal communication is the gold standard for all central bankers, said Reserve Bank of India's Deputy Governor, Michael Debabrata Patra on Friday.

time-read
1 min  |
November 24, 2024
Meeting of ASEAN-India Trade in Goods Agreement committee concludes
The Sunday Guardian

Meeting of ASEAN-India Trade in Goods Agreement committee concludes

NEW DELHI The 6th meeting of the ASEAN-India Trade in Goods Agreement (AITIGA) Joint Committee concluded in New Delhi, with leaders urging an expedited review process to conclude negotiations by 2025.

time-read
1 min  |
November 24, 2024
The Sunday Guardian

MILEY ON RELATIONS WITH EX-HUSBAND

LOVE WASHINGTON: Singer-songwriter and actor Miley Cyrus opened up about her realtionship with ex-husband Liam Hemsworth and recalled falling in love with him on the set of the 2010 film 'The Last Song'.

time-read
1 min  |
November 24, 2024
The Sunday Guardian

Apathetically yours, yet foes forever

Talk of taking your own sweet time, of paying no heed (actually quite ignoring it) to the calendar! Yes, here I speak of the very late setting in of the much-awaited Delhi winter.

time-read
4 mins  |
November 24, 2024
The Sunday Guardian

Ola Electric lays off 500 employees amid restructuring efforts

NEW DELHI According to sources familiar with the matter, Ola Electric Mobility is cutting 500 jobs across various verticals and levels as part of an ongoing restructuring process.

time-read
1 min  |
November 24, 2024
Royal Enfield Motoverse 2024 kicks off in Goa
The Sunday Guardian

Royal Enfield Motoverse 2024 kicks off in Goa

Motorcycling enthusiasts have plenty to celebrate as Royal Enfield’s flagship annual community event, Motoverse 2024, takes center stage in Vagator, Goa.

time-read
1 min  |
November 24, 2024
Seventh generation: The all-new BMW M5 launched in India
The Sunday Guardian

Seventh generation: The all-new BMW M5 launched in India

GURUGRAM The all-new BMW M5 was launched in India.

time-read
3 mins  |
November 24, 2024
HMSI releases teaser of Honda Activa Electric
The Sunday Guardian

HMSI releases teaser of Honda Activa Electric

NEW DELHI Honda Motorcycle and Scooter India (HMSI) has teased its much-awaited electric two-wheeler, the Honda Activa Electric, ahead of its official debut on November 27.

time-read
1 min  |
November 24, 2024
Mahindra reveals sketches of its upcoming cars
The Sunday Guardian

Mahindra reveals sketches of its upcoming cars

CORRESPONDENT NEW DELHI Mahindra has stirred excitement in the automotive world by unveiling teaser sketches of its forthcoming Electric Origin SUVs--the BE 6e and XEV 9e which are unveiling officially on November 26.

time-read
1 min  |
November 24, 2024