This partnership aims to create a more accessible purchasing experience for electric two-wheelers. Customers will have the opportunity to explore a variety of electric vehicles from different brands at appealing prices, accompanied by customized loans and financing options designed specifically for electric vehicles.
Greaves Finance Limited, a non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton Ltd, has announced a significant partnership with ElectricPe, recognized as a large player in electric vehicle (EV) solutions, under its electric vehicle ownership platform. This collaboration is poised to be a transformative step in reshaping the EV landscape by leveraging the strengths of these two innovative entities committed to simplifying the EV ownership experience.
ElectricPe has recently expanded its service offerings by establishing virtual and physical mobility centres, where it sells a variety of 2-wheeler original equipment manufacturer (OEM) brands, aiming to streamline the process of EV ownership. The alliance between EVFin and ElectricPe symbolizes a harmonious synergy between two industry leaders dedicated to redefining the electric vehicle journey for customers.
Greaves Finance Limited, through its EVFin platform, will enhance ElectricPe’s customer experience by introducing buyback programs like smart.fin and ride.fin in the financing of 2-wheeler EVs. These programs will be easily accessible to customers at ElectricPe Mobility Centers and through a user-friendly app, promising unparalleled convenience and value throughout the EV ownership journey.
Sandeep Divakaran, CEO of Greaves Finance Ltd., expressed excitement about the collaboration, highlighting it as a milestone in reshaping the electric vehicle landscape in India. He emphasized the significant business activity anticipated with ElectricPe and the aim to establish a new industry benchmark for convenience, innovation, and overall customer satisfaction in how customers engage with electric vehicles.
Avinash Sharma, Co-Founder and CEO of ElectricPe echoed these sentiments, emphasizing their commitment to providing an exceptional customer experience throughout the electric vehicle journey. He sees this partnership as a game-changer that simplifies and enhances the electric vehicle financing experience, offering improved financing choices and seamless transitions for customers.
As part of this collaboration, ElectricPe customers will access specialized financing support from Greaves Finance Limited, enabling them to explore tailored financing solutions aligned with their unique preferences and requirements. Greaves Finance Limited’s role as a leader in financing consumers of prominent EV OEMs like Ather Energy, OLA, TVS, Vida (Hero MotoCorp.), Ampere, among others, further solidifies its position in driving the widespread adoption of electric mobility across India.
