The vehicle leasing brand Quiklyz has announced its expansion plans in the electric mobility leasing space by offering customised leasing and subscription solutions for electric 3W and 4W to its partners.
According to the press release Quiklyz, it has partnered with more than 15 electric last mile mobility delivery companies which include MoEVing Urban Technologies, Terrago Logistics, among others.
The company has also tied up with several electric mobility providers which include Lithium Urban, BluSmart Mobility and Ambassador Tours & Travels, the release added.
Quiklyz noted that with the expansion, it is aiming to broaden its EV portfolio in India to boost its offerings in the logistics and the last mile mobility space.
Notably, Quiklyz has financed over 1,000 electric vehicles over the last 12 months including passenger vehicles and three-wheelers, the release added.
Raul Rebello, COO, Mahindra Finance, noted that the growing demand and increasing focus on green mobility has opened a new vista for EVs in India.
“With these partnerships, we will venture into emerging EV financing in India, to tap the increasing opportunities in the e-mobility space, aligning with India’s commitment to become carbon-neutral by 2070,” he added.
Mohammad Turra, Senior VP & Head, Quiklyz said EV financing ecosystem is currently at a very nascent stage in India. It demands a specific financing approach, a developed understanding of the EV domain, an understanding of the customer’s unique business model and curation of customised solutions.