EMFAI, Electric Mobility Financiers Association of India
Creating Sustainable Eco-System for Electric Mobility
Electric Mobility Financiers Association of India (EMFAI) is a registered professional association representing Indian financial institutions involved in the financing of electric vehicles and other EV ecosystem products and services.
It is a registered professional association representing Indian financial institutions involved in the financing of electric vehicles and other EV ecosystem products and services. EMFAI intends to work closely with the central and state governments and policy-making bodies in the formulation of policies and processes that will support EV financing and will make financing accessible to all, including the unserved.
The purpose of EMFAI is to help scale electric mobility in India by strengthening financial institutions by bringing up the challenges that these institutions may be facing to government and regulatory/policy-making bodies and helping them in driving business with ease and convenience, providing a common platform for financiers, insurers, guarantors, and fintech companies involved in financing electric vehicles and ancillaries.
- Vision
- Mission
3Rs - Represent, Recommend, and Reinforce
- Represent: To represent the shared appeal of all the financiers towards the critical matters under the EV financing umbrella.
- Recommend: To provide the best recommendation to government bodies, policymakers, and businesses to ensure that co-design and implementation become possible.
- Reinforce: To strengthen and support sustainable EV adoption in India with the collective collaboration of leading Indian EV Financiers.
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- Provide active support to the EV industry and the Government of India in shaping the right Electric Vehicle future.
- Represent, advise, and consolidate the efforts of India’s leading EV financiers.
- Propagate the best financial practices.
- Bring financial functionalities and services as near as possible to the end-user.
- Collectively manage risks under EV Financing.
- Contribute responsibly by undertaking charitable initiatives for the greater good of EV society and adopt a systemic approach to address social challenges.
- Onboard new members by empowering and engaging them to become capable of making an impact on EV adoption.
- Be an apex body of Electric Mobility Financiers in India to garner support from the government and other regulatory and/or policy making bodies to make EV accessible to all conveniently and seamlessly.
- Drive the development of Electric Mobility ecosystem through partnerships, events, knowledge, and resource sharing.
- Formulate policies and best practices for Electric Vehicle Financing.
- Set up skill centres and training centres for driving and maintenance of electric vehicle.
- Extend loans, guarantees and subsidies to boost the electric vehicle sector.
- Sponsor deserving people and encourage the masses to pursue education and training for operating electric vehicles.
- Mitigate risk in electric mobility financing through partnerships, sharing best practices and resource.
- Organise events and promotional activities.
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Contact Us
Please find below details and follow the exact route to reach our office.
In case of any assistance, Please call below numbers and email id for communication.
Electric Mobility Financiers
Association of India,
2nd Floor, E Block,
International Trade Tower,
New Delhi 110019
Our Location
P: +91-7042689844
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