Priority-Lending

E-Vehicles To Come Under Priority-Lending, R&D Incentives in Budget 2019

"Today, nobody is giving loans to electric vehicles. Some instruction should be given by the RBI to public sector banks for priority-lending to the EV sector. Then, a clean air campaign should be launched on the lines of Swachh Bharat to raise awareness," Sohinder Gill, President, Society of Manufacturers of Electric Vehicles (SMEV) said.