Greaves Electric Mobility Private Limited (GEMPL) has entered into a partnership with Shriram Finance to accelerate the adoption of electric three-wheelers in India. The collaboration is designed to make Greaves Electric Mobility's 3-wheeler models more accessible by offering customers customised financing solutions, including flexible EMI plans and down payment options.
This strategic partnership is expected to drive the uptake of last-mile mobility solutions in both passenger and cargo segments across India. Shriram Finance’s wide-reaching network will be instrumental in supporting the growth of electric mobility, particularly in making Greaves 3 Wheelers, including the Eltra City and Eltra Cargo models, available to a broader range of customers.
The partnership seeks to empower consumers with more accessible financing options, promoting the shift towards sustainable transportation in India.
K Vijaya Kumar, Executive Director and CEO of Greaves Electric Mobility, stated 'Affordable financing options allow customers to make informed choices within their budget, contributing to the growth of sustainable mobility while improving the livelihoods of drivers.'
Gopinath TA, Assistant Vice President of Shriram Finance, added 'This partnership brings together two legacy companies, making last-mile mobility more accessible and helping drive the transition to electric vehicles for both passengers and cargo.'
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