BII Fuels India’s EV Ecosystem with $33.5 Million Investment
Three EV companies will receive funding for manufacturing and fleet expansion
December 5, 2024
Follow Mercom India on WhatsApp for exclusive updates on clean energy news and insights
The British International Investment (BII), the United Kingdom’s development finance institution, has committed $33.5 million to India’s electric vehicle (EV) sector. This funding aims to strengthen the EV ecosystem, drive technological advancements, and address barriers to adoption, contributing to India’s energy transition and decarbonization goals.
