New Delhi [India], August 10 (ANI/NewsVoir): IIT Delhi-based Alt Mobility, a commercial fleet leasing platform announced the launch of 'Elektrowagen' - a structured finance solution to mobilize low-cost debt finance from domestic and international financing institutions for electrification of commercial fleets in India. Under this structure, the Company has signed MoUs with two non-banking financing institutions (NBFCs) focused on electric vehicle financing for a commitment of $25mn over the next 12 months.
