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  • The Battery Subscription Facility is a financial instrument designed to accelerate the adoption of electric buses in India by reducing high upfront costs through a battery-as-a-service model. By owning the batteries and leasing them to operators, the Facility aims to lower initial costs by 40-50% and reduce the total cost of ownership compared to diesel or CNG alternatives.

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    Themes: transportationelectric vehiclesgreen financecarbon emissionsdecarbonization
    Climate Policy Initiative

    Document type: Fact sheet

    Regions: India
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