EMFAI

At the Electric Mobility Financiers Association of India (EMFAI), we are committed to leading the charge in transforming India’s electric vehicle landscape. By uniting financial institutions, policymakers, and industry pioneers, we are laying the foundation for a sustainable and scalable EV ecosystem. The EMFAI Sustainable Mobility Summit 2024 drew over 250 attendees from the EV, finance, and policy sectors, creating space for groundbreaking insights, ideas, and critical discussions about India's electric mobility journey. We extend our deepest gratitude to all attendees, speakers, and partners. Shri Kailash Gahlot, Honourable Cabinet Minister, Government of Delhi, graced us as Chief Guest, with Siva S Ramann, Comptroller and Auditor General of India and Former CMD at SIDBI(Small Industries Development Bank of India), as Guest of Honor, underscoring the importance of policy in driving EV adoption. The summit began with the ceremonial lamp lighting, followed by a welcome address by Sameer Aggarwal, President of EMFAI & Founder of Revfin, and Ashok Mittal, Secretary of EMFAI & Founder of PrestLoans. Key sessions in Part 1 include: 🔹Spotlight Session: Where Are We on the Electric Mobility Journey and Where Do We Need to Go? Experiences with Policy and Finance Featuring Ms. Mahua Acharya, CEO, International Energy Transition Platform and Former CEO of CESL, Government of India and Sh. Siva S Ramann, Comptroller and Auditor General of India and Former CMD at SIDBI. 🔹EMFAI – Its Journey and Impact  Presented by Nehal Gupta, Managing Director of Accelerated Money 4 U, and Anish Kila, Director of the Perfect Finance. 🔹Panel Discussion: Financing Mobility and the Ecosystem: What Have We Learned in 5 Years?   Featuring Pooja Jain (Times Network), Anant Badjatya (SUN Mobility), Akshay Singhal (Log9 Materials), Pulkit Khurana (Battery Smart), Sameer Aggarwal (Revfin), and Sulajja Firodia Motwani (Kinetic Green). 🔹Presenting Partner Akasa Finance Limited (Formerly known as Pooja Finelease Ltd.)   Rohit Mehta, Managing Director of Akasa Finance , presented Akasa’s role in EV financing. 🔹Gogoro’s Insights into the International EV Ecosystem   Vishal Dhawan, Finance Head at Gogoro, shared global perspectives on EV financing. Special thanks to ET NOW for their exceptional coverage and B2B Market Media as Organising Partner. This summit was more than an event—it was a movement toward a greener India. Stay tuned for Part 2, featuring more valuable insights and discussions! #EMFAI #SustainableMobility #EVRevolution #EventHighlights #EMFAISummit2024 #ElectricVehicles #Innovation #CleanMobility

Here’s all you need to know about the PM E-DRIVE Scheme. With the initiation of this Scheme, India has made a strong statement about EV adoption on the global stage. The comprehensive plan supports EV adoption on a larger scale and at every level, with an allocated sum of ₹10,900 crore. This initiative will lead to the introduction of sustainable infrastructure, innovative manufacturing practices, and enhanced EV support across all vehicle categories. Key Highlights: Duration: October 1, 2024, to March 31, 2026 Support for: -24.79 lakh electric two-wheelers (e-2Ws) -3.16 lakh electric three-wheelers (e-3Ws) -14,028 electric buses Infrastructure Initiatives: -Aadhaar authenticated e-Voucher -₹500 crore for deploying e-ambulances -22,100 fast chargers for electric four-wheelers (e-4Ws) -1,800 fast chargers for e-buses -48,400 fast chargers for e-2Ws and e-3Ws Financial Allocations: -₹2,000 crore for EV Public Charging Stations (PCS) -₹780 crore for upgrading testing agencies With the PM E-DRIVE Scheme, India is set to accelerate its shift towards the next stage of green mobility and encourage a widespread EV adoption. #EV #PMEDriveScheme #Scheme #Revfin #India

At EMFAI, we are dedicated to transforming India's electric mobility landscape by empowering financial institutions to play a pivotal role in advancing sustainable transportation. Through our efforts, we aim to build a robust ecosystem that accelerates EV adoption and drives India towards a greener future. As part of the EMFAI Sustainable Mobility Summit 2024, Mr. Anish Kila, Member of EMFAI and Director of the Perfect Finance, and Ms. Nehal Gupta, Director of EMFAI and Managing Director at Accelerated Money 4 U, led a key session titled EMFAI – Its Journey and Impact. This presentation took a deep dive into EMFAI’s milestones, highlighting our collective achievements in policy advocacy, financial innovation, and partnerships. It also outlined the path forward as we continue to shape the future of electric mobility in India. Together, we’re not just envisioning a sustainable future; we’re driving it forward with determination and innovation. Let’s accelerate the journey towards a cleaner, greener India! Sameer Aggarwal Ashok Mittal Rohit Mehta Kapil Garg #SustainableMobility #EVRevolution #EMFAI #ElectricVehicles #DelhiTransport #GreenFuture #emfai #EMFAISMS2024

Introducing Revfin’s #CommandCentre I started my career as an analyst. Data analysis is a big part of who I am and therefore I’m thrilled that we are able to create a state of the art command centre through which we will - #track and #monitor all the vehicles we have financed - #forecast and improve #collections - track and reduce #TAT for loan disbursements - understand driver/driving behaviour - understand vehicle performance - Analyse #data, Generate #insights and Resolve issues; all in real time. We have over 1 billion kilometers of #telematics data for 70,000 vehicles running across 600 towns. This data helps us forecast driver income, analyse vehicle performance and improve collections. Over 50 million data points used for underwriting financially excluded, bottom of the pyramid customers. Performance of over 30 brands of #electricvehicles including 2, 3 and 4 wheelers. For greater adoption of electric vehicles, we will need to generate a lot of data about vehicle performance by vehicle type and end use case very very quickly. It is incumbent upon everyone in the ecosystem to collect, store, analyse and publish insights from this data to help each other. I look forward to hosting #ev #sustainability enthusiasts at our command centre to share insights and help develop the EV #ecosystem Payal Maini Mohit Singhal Ayesha Agarwal Deepa Vegesina Monika Saxena Rachna Prasad Shaifali Jha Ashish Pareek 9716055999 Purusharth Goel RevFin Capital EMFAI

Our association meeting brought the EMFAI team together once again to address the challenges we are all facing in the EV industry. This collaboration is the best way to support our sector. One of the most rewarding aspects of our discussions is the common ground we share; there's a sense of camaraderie rather than competition. The opportunities in this market are vast, and no single NBFC can tackle them alone. We actively help each other in numerous ways. I encourage all NBFC's involved in the EV space to join us on this journey across India.

At EMFAI, we believe in the power of financial institutions to shape the future of electric mobility in India. By fostering collaboration across sectors, we are driving the transformation toward a cleaner, greener transportation system. As part of the EMFAI Sustainable Mobility Summit 2024, we were thrilled to host a spotlight session with Mr. Sameer Aggarwal, President of EMFAI & Founder of Revfin, in conversation with Mr. Manoj Kohli, Former India Head of SoftBank and CEO of airtel. Their dialogue covered the current state of electric mobility in India, highlighting the crucial role of financial innovation, technology, and policy in shaping the future of sustainable transport. Both leaders shared actionable insights on scaling EV adoption, breaking down barriers, and creating the right ecosystem for success. This session is a powerful reminder of the vision, collaboration, and leadership needed to drive India’s electric mobility journey forward. Stay tuned for more insights and takeaways from the summit as we continue to support India’s transition to a sustainable mobility future. #SustainableMobility #EVRevolution #EMFAI #ElectricVehicles #DelhiTransport #GreenFuture #emfai #EMFAISMS2024

At the Electric Mobility Financiers Association of India, EMFAI, we are committed to fostering innovation and collaboration to drive the future of clean mobility. As part of the EMFAI Sustainable Mobility Summit 2024, a key panel discussion, ‘Transforming Last Mile Mobility towards Cleaner Solutions,’ brought together visionary leaders from the EV industry to discuss the transition to electric last-mile transportation. The panel addressed the challenges and opportunities for scaling electric solutions in last-mile logistics, infrastructure needs, and strategies to accelerate adoption. This engaging discussion featured leaders, who are at the forefront of the EV revolution, each playing a critical role in transforming last-mile mobility: - Anshuman Singh, CEO, FutureEV - Ashok Mittal, Founder and CEO, PrestLoans - Gaurav Rathore, Co-Founder, EVeez  - Pawan Kakkar, Director, Yc Electric Vehicle  - Pritesh Talwar, President, Lectrix  - Maxson Lewis, Founder & CEO, Magenta Mobility  - Saurav Kumar, Founder & CEO, Euler Motors The session was skillfully moderated by Akshima Ghate, a leading voice in clean mobility and the President of RMI, who guided the conversation with deep insights into policy and technological trends shaping the future of sustainable transport. In recognition of their significant contributions to the EV industry, Rohit Mehta, Vice President at EMFAI, had the honor of handing over plaques to the esteemed panelists, acknowledging their pivotal roles in advancing last-mile mobility towards cleaner solutions. Stay tuned for more insights and takeaways from the summit as we continue to support India’s transition to a sustainable mobility future. Sameer Aggarwal Nehal Gupta Rohit Mehta Ashok Mittal Kapil Garg #SustainableMobility #EVRevolution #EMFAI #ElectricVehicles #EVFinancing #GreenFuture #Innovation #EMFAISMS2024 #EV #GreenFuture

At the Electric Mobility Financiers Association of India EMFAI, we are committed to driving the adoption of clean mobility solutions across diverse sectors, including tourism. At the EMFAI Sustainable Mobility Summit 2024, we focused on how electric vehicles can revolutionise the tourism industry in Jammu & Kashmir, a region known for its natural beauty and cultural heritage. The session, introduced by Colonel Sandeep Bhatnagar (Zorro), featured a compelling presentation by Padma Shree Awardee, Faisal Ali Dar, who provided deep insights into the regional dynamics of EV adoption in Jammu & Kashmir. His talk highlighted how electric vehicles can transform the tourism sector, creating a sustainable future for the region. The session also shared best practices and lessons learned from real-world implementations, offering valuable takeaways for industry stakeholders looking to promote eco-friendly tourism. This discussion perfectly aligns with EMFAI's vision of advancing electric mobility in India’s most diverse and sensitive landscapes. Stay tuned for more insights on how EVs are reshaping industries and contributing to a cleaner, greener future for tourism and beyond. Sameer Aggarwal Nehal Gupta Rohit Mehta Kapil Garg Ashok Mittal #SustainableMobility #EVRevolution #EMFAI #ElectricVehicles #EVFinancing #GreenFuture #Innovation #EMFAISMS2024 #EV #GreenFuture

At the Electric Mobility Financiers Association of India, EMFAI, we are committed to driving the future of sustainable mobility through innovative EV financing solutions. At the 2024 EMFAI Sustainable Mobility Summit, we delved into critical global perspectives with sessions like ‘Derisking Electric Vehicle Finance’ by Marie McNamara from RMI. Drawing lessons from China and other South Asian markets, this session showcased how strategic risk management can unlock the full potential of EV adoption. Stay tuned as we continue sharing key insights from this landmark event, all aimed at accelerating India’s electric mobility revolution. Sameer Aggarwal Kapil Garg Nehal Gupta Rohit Mehta Ashok Mittal #SustainableMobility #EVRevolution #EMFAI #ElectricVehicles #DelhiTransport #GreenFuture #EMFAISMS2024

We are excited to share that EMFAI recently partnered as a supporting organization for the EV Battery Show 2024, organized by EMobilityPlus. The event brought together key industry players to discuss the evolving landscape of electric mobility and battery technology. Anish Kila, Director at Perfect Finance and an active EMFAI member, presented a session highlighting EMFAI’s ongoing efforts and contributions to the sector. Nehal Gupta, Managing Director at Accelerated Money 4 U, provided critical insights as a panelist during the session on "Policy and Market Dynamics in EV Supply Chain: Cost, Pricing, Procurement, Financing, and Lifecycle Management." Several of our EMFAI members also attended the event as delegates, engaging with industry leaders and contributing to the discussions shaping the future of electric mobility in India. EMFAI remains committed to driving innovation and growth in the electric mobility ecosystem, and we look forward to continuing our collaboration with key stakeholders in the industry. ⚡🚗 Pankaj Chopra Rohit Mehta Akshay Kila Kunal Mundra Anagh Ojha Tanesh Gagnani Nikhil Mehta Manu Khandelwal Kapil Garg Ashok Mittal Sameer Aggarwal #EMFAI #EVBatteryShow2024 #ElectricMobility #EVSupplyChain #SustainableTransport