EV Update Media – Electric Vehicles and Battery Industry News & Updates

A platform specially designed and developed to keep the industry updated with the right Knowledge, News and Information about developments happening in the Electric Vehicles & Battery sector

#GuarantCo

Axis Bank Extends Rs 1 Billion Loan to Muthoot Capital to Bolster e-mobility in India

Axis Bank in partnership with GuarantCo, part of the Private Infrastructure Development Group (PIDG), has extended a loan worth Rs 1 billion guarantee to Muthoot Capital, to augment the purchase of electric two-wheelers. GuarantCo has provided a 65 percent on-demand…

Axis Bank Extends INR 1 Billion Loan to Everest Fleet Under GuarantCo Partnership for Purchase of Electric Vehicles (EV) in India

Axis Bank, one of the leading private sector banks in India, in collaboration with GuarantCo, a part of the Private Infrastructure Development Group (PIDG), has extended INR 1 billion (c. USD 12.1 million), loan for over four-years to Everest Fleet,…