BII Fuels India’s EV Ecosystem with $33.5 Million Investment

Three EV companies will receive funding for manufacturing and fleet expansion

December 5, 2024

/ Meghana Prasad
/ Finance and M&A, Renewable Energy
thumbnail

Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights


The British International Investment (BII), the United Kingdom’s development finance institution, has committed $33.5 million to India’s electric vehicle (EV) sector. This funding aims to strengthen the EV ecosystem, drive technological advancements, and address barriers to adoption, contributing to India’s energy transition and decarbonization goals.

MERCOM Insider

Where clean energy's most influential leaders get their intelligence

Exclusive reporting, market intelligence, and insider access that shapes billion-dollar decisions in renewable energy and clean technology.

Already have an account? Sign In

Register for free

thumbnail

Meghana Prasad

More articles from Meghana Prasad.
BatteryBIIElectric VehiclesFundingTI Clean Mobility
PREVALL POSTSNEXT

RELATED POSTS

Get the most relevant India solar and clean energy news.

RECENT POSTS