Greaves Finance was set up last month to facilitate financing of electric two-wheelers and electric three-wheelers.
see photosGreaves Finance is a subsidiary of Greaves Cotton, which also owns Ampere Electric.
Greaves Cotton has extended access to finance for electric vehicles as part of Greaves Electric Mobility through its Non-Banking Finance Corporation (NBFC) subsidiary, Greaves Finance. To drive rapid adoption of Electric Vehicles in India, Greaves Finance is offering instant loan disbursement, low interest rates, simple and quick financing options with low cost EMIs and access to affordable financing options. According to the company, with the festive season approaching, Greaves aims to attract EV enthusiasts aspiring to own electric vehicles by providing them with the necessary finances.
Read also: Greaves Cotton announces EV financing through Greaves Finance
AutoEVmart by Greaves Electric Mobility will not only offer Ampere Electric brand EVs, but will also offer other two wheelers and three wheelers from various brands.
Speaking on the announcement, Ravindra Pathak, Head, Greaves Cotton Limited, Greaves Cotton Ltd. said, “Greaves is set to be enabler that helps increase access to sustainable mobility for a wide variety of consumers while also providing hassle-free and personalized financing options. For electric two-wheeler and electric three-wheeler buyers. EV Dreamfest will enable customers to realize their ambition of buying an electric vehicle.”
Read also: Greaves Electric Mobility launches multi-brand EV retail platform
Ampere Electric has a range of electric two-wheelers and three-wheelers for sale in India.
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The company is offering a wide range of financing options for electric two-wheelers and three-wheelers, which are available at select Ampere Electric dealerships, AutoEVmart and Greaves retail outlets. EV Dreamfest is an initiative that will facilitate easy purchase of Electric Two-Wheelers and Electric Three-Wheelers for a variety of buyers. Greaves Finance was launched in September 2021, and will deploy artificial intelligence-enabled analytics to offer customized retail financing options and quick disbursement of loans that will allow consumers easy access to electric two-wheelers.
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