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PFC, India approves INR 6.33 billion financing for deployment 5,000 EVs by BluSmart Mobility and 1,000 EV cargo vehicles
On April 11, Power Finance Corporation Ltd (PFC), sanctioned a loan of INR 6.33 billion to Gensol Engineering Ltd (GEL) for the purchase of 5,000 passenger Electric Vehicles (EVs) and 1000 cargo EVs. The passenger EVs will be leased to Blusmart Mobility Pvt. Ltd (BMPL) to expand its fleet of ride-hailing cabs. The fi....
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