US to partner with India in accelerating e-mobility adoption
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.
Tags : e-mobility shift in India US aid in e-mobility of India electric buses e-mobility US-India partnership e-mobility adoption NEPB National Electric Bus Programme
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