E Mobility Adoption News Today : Breaking News, Live Updates & Top Stories | Vimarsana

E-mobility Shift In India: As per the proposal, which has been forwarded for inter-ministerial consultations, the US will extend $150 million (about INR 1,250 crore) to set up a fund as a payment guarantee for companies supplying electric buses to ailing state transport undertakings (STUs). The two sides are in talks to finalise the modalities of the financial mechanism.

As per the proposal, which has been forwarded for inter-ministerial consultations, the US will extend $150 million (about ₹1,250 crore) to set up a fund as a payment guarantee for companies supplying electric buses to ailing state transport undertakings (STUs). The two sides are in talks to finalise the modalities of the financial mechanism.