India, Aug. 25 -- The Centre is working towards mechanisms to ease financing of electric vehicles in line with India's 2070 net-zero goal, a senior government official said on Monday.

Decarbonising the commercial transport sector is also crucial from a public health perspective. Heavy commercial vehicles (HCVs) such as buses, trucks, and dumpers are responsible for over 70% of vehicular particulate pollution (PM2.5 and PM10) in India, despite being less than 2% of the total vehicle population, a recent study by the Center for Study of Science, Technology and Policy (CSTEP) found.

"We at the government of India have been talking internally to various ministries regarding what can be done to ease the financing. Interest rates of loans tak...