Interview: Nehal Gupta

Managing Director at Accelerated Money for U (AMU)

AMU Drives Clean Energy Transition with Tailored EV Financing Solutions

December 05, 2024. By News Bureau

AMU balances innovation and reliability by integrating cutting-edge financial solutions like EV-specific loans with rigorous risk management, states Nehal Gupta, MD, Accelerated Money for U (AMU) in her interaction with Energetica India.

Que: How does AMU’s financing model support the adoption of renewable energy and clean technology?

Ans: AMU supports renewable energy and clean technology adoption by offering tailored financing solutions for electric vehicles, batteries, and charging infrastructure. By partnering with MSMEs and individuals, AMU promotes sustainable logistics, reduces carbon emissions, and enables widespread access to green assets through affordable loans and leasing options.


Que: Regarding the recent government initiatives like PM E-DRIVE scheme that aims to propel India’s EV industry, how does AMU see the landscape of EV financing changing in recent years?

Ans: AMU sees the EV financing landscape evolving significantly with initiatives like the PM E-DRIVE scheme. Increased government support, incentives, and policy frameworks are accelerating EV adoption, creating more opportunities for innovative financing solutions. AMU anticipates growth in demand for accessible loans, leasing, and partnerships to support India's transition to electric mobility.


Que: How has AMU achieved a balance between innovation and reliability in financial services?

Ans: AMU balances innovation and reliability by integrating cutting-edge financial solutions like EV-specific loans with rigorous risk management. It collaborates with OEMs and MSMEs, ensuring flexible yet secure financing. AMU’s customer-centric approach, combined with streamlined processes and tech-driven services, ensures both innovative growth and dependable support for clients.


Que: Women’s leadership in the sustainable energy sector is crucial for innovation and inclusive growth. As a prominent leader in this space, what challenges and opportunities do you see for women in the sector?

Ans: Women's leadership in the sustainable energy sector fosters innovation and inclusive growth by bringing diverse perspectives. Despite facing challenges like underrepresentation, limited access to funding, and scarce mentorship, opportunities abound in promoting gender-inclusive policies and skill development. By increasing leadership roles, women can catalyze equitable and sustainable solutions, ultimately contributing to a more resilient and thriving green economy.


Que: How does AMU navigate the unique challenges of financing electric vehicles?

Ans: AMU overcomes electric vehicle financing challenges by offering tailored loan products that cater to customer needs and preferences. Through deep market insights and partnerships with OEMs, it effectively mitigates risks. The company prioritises both asset and borrower underwriting and is focused on creation of secondary market in the EV space.


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