The report assesses electricity, CNG, LNG, petrol and diesel across six vehicle segments
For decades, depreciation in conventional vehicles has largely followed familiar variables such as age, mileage and physical wear
As more electric vehicles enter the secondary market, responsibility for building trust is shifting towards OEMs, regulators and financiers
Banks and NBFCs have decades of resale and depreciation data for internal combustion engine vehicles, allowing them to estimate collateral value relatively confidently
The investment will be spread over the next five years and funded through internal reserves, equity and future cash flows, with limited use of debt
More than 74 per cent of electricity used at public charging stations in FY26 went to heavy-duty chargers serving electric buses, trucks, high-capacity passenger coaches and commercial fleets