NBFCs step up used car funding as EVs catch on
Mahindra Finance, Shriram Finance, Poonawalla Fincorp, Cholamandalam Finance and others expect wider acceptance in the metros for used EVs. Finance penetration in this market has grown from 20% a year back to about 35% currently, according to executives.
Tags : nbfcs poonawalla fincorp cholamandalam finance mahindra finance spinny evs electric vehicles poonawalla fincorp shriram finance cholamandalam used cars used car market ev maker
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