Hero Electric has partnered with Shriram City Union Finance to provide loan schemes for customers of the electric two-wheelers. This partnership will ensure affordability for the buyers and will attract more consumers.
“The changing market scenario and increased preference for the electric vehicle, we have realized the need for strong finance schemes to boost the EV shift. Easy and preferred financing schemes will further favour the green mobility shift leading to a seamless ownership experience,” Hero Electric CEO Sohinder Gill said.
With the financial solutions, customers will have a fully paperless and digital loan process available 24 hours in India. The loans with this will be accessible and available for the users at the best rates and with minimal documentation.
“The demand drivers for EVs are the rapid urbanisation, high cost of petroleum products, the growing sentiment for pollution control, rising need for social distancing, along with favouring policy. We are partnering with the best and are pleased to announce a partnership with Hero Electric,” said Shriram City MD and CEO, YS Chakravarti.
The shift to electric vehicles is growing and Shriram City is providing better options for EV adoption and making it easy.
