Greaves Finance Limited collaborates with ElectricPe
Date: 23 Jan 2024
Greaves
Finance Limited, a non-banking financial company (NBFC) and a wholly owned
subsidiary of Greaves Cotton Ltd, under its electric vehicle ownership platform
evfin, announced its partnership with ElectricPe, India's largest and most
trusted EV solutions player. This collaboration marks a pivotal moment in
revolutionising the EV landscape, combining the strengths of two innovative
entities dedicated to simplifying the EV ownership experience.
ElectricPe
recently expanded its offerings by opening virtual and physical mobility
centres, selling various 2-wheeler OEM brands to simplify EV ownership. The
alliance between evfin and ElectricPe signifies a synergy between two industry
leaders committed to redefining the electric vehicle journey for customers.
ElectricPe's
customer experience will be elevated by Greaves Finance Limited's innovative
introduction of buyback programs such as smart.fin and ride.fin in two-wheeler
EV financing. These programs will be easily accessible to all customers at the
ElectricPe Mobility Centers and through the user-friendly app, enhancing the
overall EV ownership journey by delivering unparalleled convenience and value.
Speaking
on the collaboration, Sandeep Divakaran, CEO, Greaves Finance Ltd., noted, "We
are thrilled to partner with ElectricPe on this transformative journey, as 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 the sentiment: "At
ElectricPe, our relentless commitment is to ensure an exceptional customer
experience throughout their 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 this collaboration, ElectricPe customers gain access to specialised
financing support, enabling them to explore tailored financing solutions from
Greaves Finance Limited that are aligned with their unique preferences and
requirements.
Greaves
Finance Limited has been a leader in financing consumers of leading EV OEMs
like Ather Energy, OLA, TVS, Vida (Hero MotoCorp.), Ampere, among others,
further solidifying its role in driving the widespread adoption of electric
mobility across India.