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.
source https://economictimes.indiatimes.com/industry/banking/finance/banking/nbfcs-step-up-used-car-funding-as-evs-catch-on/articleshow/100043980.cms
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