Neufin Energy
EV Financing landscape and scope for carbon financing in India

Report · March 2024

Electric vehicles

Financing India's EV transition through carbon markets

By Neufin Energy

Summary

Maps how electric vehicles are financed in India, the policy and the lenders, and asks whether carbon markets, the voluntary market in particular, can fund EV makers and charging networks.

Key points

  1. 1India's EV policy and financing ecosystem.
  2. 2Where carbon markets could fill gaps in EV finance.
  3. 3The cost, revenue and effort of building an EV carbon project.

What’s inside

  • Policy
  • The financing ecosystem
  • Carbon markets and EVs
  • Building an EV carbon project

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