Skip to main content

RevFin witnesses over 5,500 women from Bihar, UP take EV loans

EV financing has fueled women's empowerment across states, with notable figures in Uttarakhand and Jharkhand at 550 and 362 respectively, followed by Madhya Pradesh (166), and Assam (105).

Autocar Professional BureauBy Autocar Professional Bureau calendar 25 Aug 2023 Views icon4183 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp

More than 5,500 women in Bihar, UP have availed of EV loans, said RevFin Services, highlighting the rise of women from Tier 2 and Tier 3 cities in India.

RevFin’s report vividly showcases women’s empowerment through EV financing across various states. States like Uttarakhand account for 550 women securing loans, while Jharkhand stands at 362.

Sharing his insight on the report, Sameer Aggarwal, CEO and Founder of RevFin, said, “It’s commendable to witness the remarkable ascent of women hailing from tier 2 and 3 cities. By embracing EV financing opportunities, they are no longer just the bread makers but are also taking charge as the breadwinners of their households. In pursuit of empowerment, they have encountered unique hurdles in accessing loans. At Revfin, our seamless loan process stands as a beacon of support, providing these incredible women with the financial resources they deserve." 

RELATED ARTICLES

ACE Reports 82% Jump in Q2 Net Profit on Crane Business Restructuring Gain

auther Angitha Suresh calendar12 Nov 2026

Action Construction Equipment's consolidated net profit rose to Rs 164.25 crore in Q2FY27, boosted by a Rs 50 crore exce...

Mahindra & Mahindra October Vehicle Sales Rise 7.3% to 1,26,706 Units

auther Angitha Suresh calendar12 Nov 2026

Production increases 30.4% year-on-year to 1,23,752 units, while exports climb 77.5% to 7,241 units in October 2026.

BorgWarner Secures First Order For Aluminium-Wire eMotor From Chinese OEM

auther Eshisha Java calendar12 Nov 2026

BorgWarner's aluminium-wire eMotor will power hybrid generator and auxiliary drive applications for a major Chinese OEM,...