The Electric Mobility Financiers Association of India (EMFAI) hosted the second edition of its Sustainable Mobility Summit 2025 at Pragati Maidan, alongside the 23rd EV Expo, with a strong focus on accelerating the electrification of mid- and last-mile transport in India.
The summit, themed “Driving Towards 100% Electrification of Mid & Last-Mile Mobility for Viksit Bharat,” brought together policymakers, EV financiers, OEMs, fleet operators, traders and industry experts to discuss practical solutions for scaling electric mobility in commercial transport — a segment that plays a crucial role in urban logistics and daily commuting.
Senior leaders highlighted the growing role of financing in EV adoption. EMFAI members, representing more than 30 financing institutions, currently support over five lakh electric vehicles across India. Discussions focused on challenges such as high upfront costs, limited credit access for small operators, residual value risks and the need for faster expansion of charging and battery infrastructure.
Speakers emphasised that stable policies and coordinated execution across states are essential to build investor confidence and ensure long-term growth of the EV ecosystem. The electrification of last-mile logistics was also seen as a major opportunity for cost efficiency, reduced emissions and predictable operational expenses for traders and small businesses.
The summit featured panel discussions on innovative financing models, commercial EV adoption strategies and global best practices. The event concluded with recognition of key contributors who have played a significant role in advancing India’s electric mobility journey, reinforcing the collective push towards cleaner, more sustainable transport solutions.
