{"id":621854,"date":"2023-12-11T10:06:41","date_gmt":"2023-12-11T04:36:41","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=621854"},"modified":"2023-12-11T10:59:36","modified_gmt":"2023-12-11T05:29:36","slug":"indias-plan-for-50000-electric-buses-on-its-roads-gets-support-from-us","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/indias-plan-for-50000-electric-buses-on-its-roads-gets-support-from-us\/","title":{"rendered":"India&#8217;s plan for 50,000 electric buses on its roads gets support from US"},"content":{"rendered":"<p>The $390 million fund will act as a guarantee for manufacturers seeking loans to expand production, Indian and US officials said at a side event at COP28. India currently only has 12,000 e-buses in operation. <\/p>\n<p>The payment security mechanism, established with $150 million from the US government and philanthropic groups, and $240 million from the Indian government, \u201cis the bedrock of risk management for building out the financial system for electric mobility at scale in India,\u201d said Mahua Acharya, a government official who spearheaded the deployment of the first e-buses in the country.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The $390 million fund will act as a guarantee for manufacturers seeking loans to expand production, Indian and US officials said at a side event at COP28. India currently only has 12,000 e-buses in operation. The payment security mechanism, established with $150 million from the US government and philanthropic groups, and $240 million from the Indian government, \u201cis the bedrock of risk management for building out the financial system for electric mobility at scale in India,\u201d said Mahua Acharya, a government official who spearheaded the deployment of the first e-buses in the country.<\/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":[135,130,232],"tags":[],"class_list":["post-621854","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621854","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=621854"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/621854\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=621854"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=621854"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=621854"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}