In an electrifying move on March 18, 2024, Revfin has sparked a major leap towards sustainable mobility by joining forces with Maharashtra’s Social Justice Department under the PM Solar2EV Initiative. This groundbreaking collaboration aims to put the pedal to the metal on Revfin’s ambitious goal to electrify the streets with 2 million EVs by 2029, proving that when it comes to green transportation, they’re not just spinning their wheels.
At the heart of New Delhi, amidst the buzz of progress, Revfin presented its success stories and future aspirations to the esteemed Union Minister of State for Social Justice and Empowerment, Ramdas Athawale. The presentation, which highlighted the empowerment of women e-auto drivers, was more than just a pitch; it was a testament to Revfin’s drive for making a difference, receiving a thumbs up from MOS J&E.
Athawale, in welcoming Revfin to the initiative, underscored the alignment of Revfin’s efforts with the government’s vision for empowering youth and women through sustainable and inclusive growth. It’s not just about putting EVs on the road; it’s about driving forward a vision where technology and social justice go hand in hand.
With around 50,000 E-rickshaws already under its belt, Revfin is charging ahead, fueled by a recent injection of $14 million in Series B funding. The company, led by CEO Sameer Agarwal, is on a mission to democratize mobility and energize lives, ensuring that sustainable transportation is not just a privilege but a right accessible to all.
The Solar2EV Project, a collaborative effort with the Maharashtra Government, is set to revolutionize the way we think about energy and transport. Offering solar energy and electric vehicles at just a fraction of the cost, supported by state schemes, this initiative is more than just an environmental statement; it’s a lifeline to the future.
As Revfin gears up to supercharge India’s EV financing landscape, the road ahead looks promising. With innovative financing solutions that understand the pulse of the people and the planet, Revfin is not just financing vehicles; it’s driving change, proving that the future of mobility is electric, inclusive, and unstoppable.
