JSW sets up financing arm for electric trucks and buses
JSW Group created a separate financing company for electric trucks and buses, aiming to bridge the upfront price gap versus diesel trucks and improve total cost of ownership over the vehicle life.
JSW Group has established a separate financing company for electric trucks and buses, aiming to help bridge the price gap between a roughly ₹25-lakh diesel truck and an ₹85-88 lakh electric alternative. The company said the larger advantage is over the vehicle’s life, with total cost of ownership (TCO) that could bridge part of the difference.