Archive · 2 Jun 2025

Mufin Green Finance Secures $18M for India's EV Growth

Mufin Green Finance Secures $18M for India's EV Growth

Imagine a company called Mufin that helps people buy electric vehicles, like e-rickshaws.

They got a big loan of $18 million from the US to give out these loans.

The money is for folks in smaller cities who may not be able to get loans elsewhere.

Most of the money will go to help people buy electric vehicles, and some will help build places to charge the vehicles.

The company wants to lend more money overall and help even more people get electric vehicles.

This way more people can use electric vehicles and help the environment, too!

Sources