Greaves Finance & ElectricPe Join Forces Aiding EV Ownership

Mobility Outlook Bureau
23 Jan 2024
02:00 PM
1 Min Read

This partnership, under the evfin platform, aims to facilitate EV ownership by offering tailored financing solutions and streamlining the purchase experience.


Greaves Finance & ElectricPe Join Forces mobility outlook

Greaves Finance Limited, a prominent non-banking financial company (NBFC) and a wholly-owned subsidiary of Greaves Cotton Ltd, has announced a collaboration with ElectricPe. ElectricPe, renowned for its virtual and physical mobility centres that sell various two-wheeler original equipment manufacturer (OEM) brands, has strategically aligned with Greaves Finance Limited to enhance its customer experience. The partnership brings together two industry leaders committed to simplifying and improving the overall EV ownership journey for customers.

Greaves Finance Limited's innovative financing solutions, including buyback programs such as smart.fin and ride.fin in two-wheeler EV financing, will be seamlessly integrated into ElectricPe's offerings. Customers can access these programs at ElectricPe Mobility Centres and through the user-friendly app, adding unparalleled convenience and value to their EV ownership experience.

Sandeep Divakaran, CEO of Greaves Finance Ltd, expressed excitement about the transformative collaboration, stating, 'We view this as a milestone in reshaping the electric vehicle landscape in India. This collaboration holds great significance, and we anticipate substantial business activity with ElectricPe. Through this partnership, we aim to transform how customers engage with electric vehicles, establishing a fresh industry benchmark for convenience, innovation, and overall customer contentment.'

Avinash Sharma, Co-Founder and CEO of ElectricPe, echoed this sentiment, emphasizing the commitment to ensuring an exceptional customer experience throughout the electric vehicle journey. 'This partnership signifies a game-changer, simplifying and enhancing the electric vehicle financing experience. It's about offering improved financing choices and seamless transitions, ultimately making things simpler and better for our customers.'

As part of the collaboration, ElectricPe customers will gain access to specialized financing support from Greaves Finance Limited, providing tailored solutions aligned with unique preferences and requirements. Greaves Finance Limited's track record of financing consumers of leading EV OEMs further solidifies its role in driving the widespread adoption of electric mobility across India. This collaboration is poised to play a pivotal role in making electric vehicles more accessible and attractive to a broader audience.

Also Read

Greaves Electric Launches Eltra Cargo E3W With 100km Range

Share This Page