{"id":404479,"date":"2021-03-11T11:57:58","date_gmt":"2021-03-11T06:27:58","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=404479"},"modified":"2021-03-11T13:47:03","modified_gmt":"2021-03-11T08:17:03","slug":"ev-financing-industry-to-be-worth-%e2%82%b93-7-lakh-crore-by-2030-report","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/ev-financing-industry-to-be-worth-%e2%82%b93-7-lakh-crore-by-2030-report\/","title":{"rendered":"EV financing industry to be worth \u20b93.7 lakh crore by 2030: Report"},"content":{"rendered":"<p>India&#8217;s transition to electric vehicles (EVs) will require a cumulative capital investment of 266 billion dollars (about \u20b919.7 lakh crore) in EVs, charging infrastructure and batteries over the next decade, according to a report released by NITI Aayog and Rocky Mountain Institute (RMI) on Tuesday. <\/p>\n<p>The report also identifies a market size of $50 billion ( \u20b93.7 lakh crore) for the financing of EVs in 2030 &#8212; about 80% of the current size of India&#8217;s retail vehicle finance industry worth $60 billion ( \u20b94.5 lakh crore).&#8221;The need of the hour is to mobilise capital and finance towards EV assets and infrastructure,&#8221; said Amitabh Kant, CEO of NITI Aayog.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India&#8217;s transition to electric vehicles (EVs) will require a cumulative capital investment of 266 billion dollars (about \u20b919.7 lakh crore) in EVs, charging infrastructure and batteries over the next decade, according to a report released by NITI Aayog and Rocky Mountain Institute (RMI) on Tuesday. The report also identifies a market size of $50 billion ( \u20b93.7 lakh crore) for the financing of EVs in 2030 &#8212; about 80% of the current size of India&#8217;s retail vehicle finance industry worth $60 billion ( \u20b94.5 lakh crore).&#8221;The need of the hour is to mobilise capital and finance towards EV assets and [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[141,130,236],"tags":[],"class_list":["post-404479","post","type-post","status-publish","format-standard","hentry","category-hindustantimes","category-newspapers","category-power-hindustantimes"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404479","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=404479"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/404479\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=404479"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=404479"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=404479"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}