Finance as a Barrier to EV Adoption If you are looking to buy an electric vehicle (EV) for your business or personal use, you may be surprised to find that the interest rate on the loan for the EV will likely be higher than a comparable diesel- or petrol-powered vehicle.
Ryan Laemel (Guest Author)
This article was co-authored by Ryan Laemel, Rocky Mountain Institute. We at Rocky Mountain Institute have been working in India for the past five years, supporting government and business leaders with the country’s energy transition. Yet a few of us have just started to call Delhi our home. Over the…