Saturday, June 10, 2023
  • PRESS RELEASE
  • ADVERTISE
  • CONTACT US
198 Automobile News
No Result
View All Result
  • Home
  • Videos
  • Business
  • Brands
  • Clubs
  • Ratings & Reviews
  • News
  • Blog
  • Ad
  • Autodeals
  • Auctions
  • Global Trends
  • Contact Us
  • Home
  • Videos
  • Business
  • Brands
  • Clubs
  • Ratings & Reviews
  • News
  • Blog
  • Ad
  • Autodeals
  • Auctions
  • Global Trends
  • Contact Us
No Result
View All Result
198 Automobile News
No Result
View All Result
Home Business

Delhi government panel brainstorms with stakeholders on EV financing, Auto News, ET Auto

by The Editor
January 27, 2021
in Business
0
Delhi government panel brainstorms with stakeholders on EV financing, Auto News, ET Auto
Share on FacebookShare on TwitterShare on EMail

[ad_1]

The AAP government notified its ambitious electric vehicle (EV) policy on August 7, 2020 and aimed at having an EV market share of 25% across all new vehicle sales in Delhi by 2024.
The AAP government notified its ambitious electric vehicle (EV) policy on August 7, 2020 and aimed at having an EV market share of 25% across all new vehicle sales in Delhi by 2024.

NEW DELHI: The Dialogue and Development Commission (DDC) of Delhi government hosted a consultation on Monday with leading financing institutions, vehicle manufacturers, delivery service providers and fleet aggregators to discuss the various financing challenges in the adoption of electric vehicles in Delhi.

The meeting was held under the umbrella of Delhi EV Forum, which held its first meeting earlier on December 18, 2020.

“We are committed to accomplishing chief minister Arvind Kejriwal’s vision to make Delhi the EV capital of India. Considering that lack of financing options for electric vehicles is a critical barrier for mass adoption, the discussion provided the necessary platform for leading financing institutions for a much-needed conversation among all stakeholders,” DDC’s vice-chairperson Jasmine Shah said.

The meeting sought to identify various interventions that can be taken by Delhi government to encourage financing institutions to support the proliferation of electric vehicles in Delhi, a statement from the government said.

The AAP government notified its ambitious electric vehicle (EV) policy on August 7, 2020 and aimed at having an EV market share of 25% across all new vehicle sales in Delhi by 2024.

“Since the launch of Delhi’s EV policy, we have been committed to addressing various challenges that delayed the adoption of electric vehicles in Delhi. An important feedback that was received during our interaction with various stakeholders at the Delhi EV Forum was the higher interest rates on loans for electric vehicles due to persistent scepticism regarding EV technology coupled with issues of vehicle residual value and second-life of battery,” Shah said.



[ad_2]

Source link

ShareTweetSend

Related Posts

2023 VW ID.4 Debuts With New Base Trim Starting At $38,790

2023 VW ID.4 Debuts With New Base Trim Starting At $38,790

by The Editor
August 4, 2022
0

The 2023 Volkswagen ID.4 arrives with a new entry-level Standard grade and updates throughout the trim levels. VW is...

Electric truck maker Nikola beats revenue estimates on higher deliveries

Electric truck maker Nikola beats revenue estimates on higher deliveries

by The Editor
August 4, 2022
0

Nikola Corp exceeded market estimates for quarterly revenue on Thursday as the electric-vehicle maker delivered more semi trucks after...

Consolidated profit at INR 41.14 crore, Auto News, ET Auto

Consolidated profit at INR 41.14 crore, Auto News, ET Auto

by The Editor
August 4, 2022
0

Sundaram Finance Holdings (SF Holdings) has reported a consolidated net profit at INR 41.14 crore up by 30.27% for...

BMW sees volatile 2022 with chips and energy squeeze in focus

BMW sees volatile 2022 with chips and energy squeeze in focus

by The Editor
August 4, 2022
0

BERLIN — BMW lowered its output forecast and warned of a highly volatile second half on Wednesday, pinpointing supplies...

Lordstown Motors reports first quarterly profit on asset sale to Foxconn

Lordstown Motors reports first quarterly profit on asset sale to Foxconn

by The Editor
August 4, 2022
0

Lordstown Motors Corp on Thursday reported its first quarterly profit as the electric-vehicle firm benefited from the sale of...

Ashok Leyland distributor Deluxe Trucks & Buses inks pact with Kenya Commercial Bank for vehicle financing, Auto News, ET Auto

Ashok Leyland distributor Deluxe Trucks & Buses inks pact with Kenya Commercial Bank for vehicle financing, Auto News, ET Auto

by The Editor
August 3, 2022
0

File Image New Delhi: Ashok Leyland’s authorized distributors, Deluxe Trucks, and Buses in Kenya on Wednesday signed a partnership...

Load More
Next Post
Review Flashback! The Premium Coupes of 1988 | The Daily Drive | Consumer Guide® The Daily Drive

Review Flashback! The Premium Coupes of 1988 | The Daily Drive | Consumer Guide® The Daily Drive

Volkswagen asks US Supreme Court to reverse ruling on local emissions claims, Auto News, ET Auto

Volkswagen asks US Supreme Court to reverse ruling on local emissions claims, Auto News, ET Auto

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended

No Content Available
Load More
198 Automobile News

Get the latest automotive news and follow the coverage of updates, new release, auctions, deals and and more from the world's top trusted sources.

Follow Us

Categories

  • Auto Auctions
  • Autodeals
  • Blog
  • Brands
  • Business
  • Clubs
  • Global Trends
  • News
  • Reviews
  • Videos

Recent News

CerebrumX’s deep learning platform hints at the future of connected vehicle data

CerebrumX’s deep learning platform hints at the future of connected vehicle data

August 5, 2022
Food delivery strike in Malaysia today – Grab responds

Food delivery strike in Malaysia today – Grab responds

August 5, 2022
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

Copyright © 2020 198 Automobile News.

No Result
View All Result
  • Home
  • Videos
  • Business
  • Brands
  • Clubs
  • Ratings & Reviews
  • News
  • Blog
  • Ad
  • Autodeals
  • Auctions
  • Global Trends
  • Contact Us

Copyright © 2020 198 Automobile News.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?