December 27, 2024

EV Financing & Building Unicorns: Insights from AdvantEdge Breakfast Roundtable

Highlights from the AdvantEdge Breakfast Roundtable (Dec 2024) on EV financing and the challenges of building unicorns. Founders and investors share insights on scaling EV businesses in India.

by

Kunal Khattar

This AdvantEdge Breakfast Roundtable brought together founders, investors, and industry leaders for a candid exchange of ideas on EV financing and the financial and operational hurdles in building large-scale EV companies in India.

The session highlighted the unique challenges of scaling EV businesses in a capital-intensive environment, the evolving role of investors, and the policy and ecosystem support needed to nurture the next generation of EV unicorns. With viewpoints viewpoints from Hero FinCorp, Astranova Mobility, Zingbus, Stride Green, IFC - International Finance Corporation, The World Bank, Clime Finance, Embifi, FuturElectra, TrusTerra, WaterBridge Ventures - all of whom highlighted lessons from their own journeys, offering practical insights for entrepreneurs building in this space.

Topics Covered

  • Key financing challenges for EV startups in India
  • Capital intensity of scaling EV businesses and infrastructure
  • The role of investors in supporting long-term EV growth
  • Policy and ecosystem enablers for building EV unicorns
  • Lessons from founders navigating fundraising and scale

AdvantEdge Breakfast Roundtables are a focused platform for knowledge-sharing and networking in the mobility space, reinforcing our commitment to supporting entrepreneurs driving India’s transition to sustainable mobility.