India’s e-bus operators face higher funding needs as subsidies decline
· thehindubusinessline.com
India’s e-bus operators face higher upfront funding needs as subsidies fall, with ICRA estimating ₹1.5 lakh crore investment to electrify 1.5 lakh buses.
India’s electric-bus operators face higher debt and equity requirements as government subsidies moderate, increasing the amount they must finance upfront just...