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Greaves Finance launches EV Financing Platform evfin
EV Industry Updates, EV Updates

Greaves Finance launches EV Financing Platform evfin

Greaves Finance, a non-banking financial company (NBFC) and a wholly-owned subsidiary of Greaves Cotton has launched a financial platform christened ‘evfin’. This platform it says aims to revolutionise the world of electric vehicle financing and more. The Economic Survey 2023 highlights the pivotal role of the automotive industry in the shift towards green energy. It predicts that the domestic EV market will experience a remarkable compound annual growth rate (CAGR) of 49 percent from 2022 to 2030, with an anticipated annual sales volume of 10 million units by 2030. To expedite the transition towards electric vehicles amidst their increasing adoption, it is crucial to address the complete lifecycle journey of EV usage for consumers. evfin suite ensures a superior EV j...