Which organisation has partnered with NITI Aayog and World Bank to launch mission 'EVOLVE' to finance MSMEs in the Electric Vehicles (EV) space?

The principal financial institution for Micro Small & Medium Enterprises (MSMEs) in India, the Small Industries Development Bank of India (SIDBI) has launched mission EVOLVE (Electric Vehicle Operations and Lending for Vibrant Ecosystem) in association with National Institution for Transforming India (NITI) Aayog, World Bank, Korean-World Bank and Korean Economic Development Cooperation Fund (EDCF) to finance MSMEs in the Electric Vehicles (EV) space. Under the initiative, SIDBI will give MSMEs access to affordable commercial financing for EV loans including hosting of telematics that could help reduce financing costs and provide data for other financial services.