Tuesday, January 21, 2020

Not enough EV sales yet to build viable finance plan, say lenders

Financiers said electric car sales must show up sufficiently on the dashboard for them to build a viable finance plan. For the personal buyer, car prices range anywhere between Rs 12 lakh and Rs 20 lakh. Financiers believe that the consumer would default because of the high prices, making it difficult for a financier to sell the attached vehicle.

from Auto-Industry-Economic Times https://ift.tt/2tHsXtn
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