Tuesday
June 10
2025

Analysis: Solving the Last-Mile Puzzle: How Non-Banking Financial Companies are Democratising EV Ownership in India’s Tier II and III Cities

In the narrow and dusty lanes of Tier II and III towns in India, a quiet revolution is taking place. The roar of conventional engines is now replaced by the hum of the electric two- and three-wheelers (e-2/3Ws). This is further leading to a shift—sustainable mobility is gaining momentum. But beneath this surface-level progress lies a complex puzzle.

Photo courtesy of Adam Cohn.

Source: YourStory (link opens in a new window)

Categories
Energy, Finance, Transportation
Tags
credit scoring, distribution, e-mobility, financial inclusion, lending