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Nafin to finance electric vehicles for MSMEs
Mexico's development bank Nafin will provide financing to help micro, small and medium-sized enterprises purchase electric vehicles. The move aims to lower the cost barrier for smaller businesses looking to switch to electric fleets, supporting cleaner transport and Mexico's broader emissions goals. Details on loan terms and rollout have not yet been released.
Why now: The programme could make electric vehicles affordable for small businesses, a significant step for Mexico's green transition.
Evidence
- Nafin to finance electric vehicles for MSMEs · MEXICONOW
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