internal combustion engine (ICE)

RMI Releases Report On Mitigating Financial Risks In EV Lending

The RMI released a report that sheds light on the challenges encountered in extending loans for internal combustion engine (ICE) two- and three-wheelers due to the prevalence of new-to-credit (NTC) borrowers. The report emphasizes mitigating risks in lending for the acceleration of electric vehicle (EV) adoption and provides an in-depth analysis of the financial landscape […]

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