Title: Green financing: analysis in Indian electric two-wheeler automobile manufacturing industries

Authors: Shashi Sawhney; Jitin Gambhir

Addresses: Galgotias University, Plot No. 2, Yamuna Expressway, Opposite Buddha International Circuit, Sector 17A, Greater Noida, Uttar Pradesh 203201, India ' School of Business, Galgotias University, India

Abstract: Nowadays, green financing framework has gained significant attention in automobile industry around the world. This work intends to conduct an analysis of green finance in India for manufacturing of electric two-wheelers. Typically, the electric two-wheelers help to reduce the green-house gas emissions and environmental pollutions as well as reduce the fuel consumption. Due to these factors, the electric two-wheelers are being promoted for use in India. The study includes financial mechanism supporting the evolution from conventional internal combustion engine (ICE) to electric two-wheelers. Moreover, the different types of risk factors associated to the financing of electric two-wheeler manufacturing industries have been examined. In addition, the role of financial institutions (FIs) in supporting the manufacturing of electric two-wheelers is analysed with the help of public policies in India.

Keywords: green finance; renewable energy source; RES; electric two-wheeler; financial institutions; FIs; low-carbon transition and automobile industries.

DOI: 10.1504/IJSOM.2024.143217

International Journal of Services and Operations Management, 2024 Vol.49 No.4, pp.411 - 431

Received: 20 Apr 2022
Accepted: 26 Jul 2022
Published online: 10 Dec 2024 *

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