Kinetic Green Energy and Power Solutions has collaborated with Tata Capital to allow customers who want to purchase electric two-wheelers of Kinetic Green to get digitally enabled loans at Kinetic Green dealers across India.
Kinetic Green Energy and Power Solutions is an Indian EV manufacturer. Kinetic Green has sold more than 45,000 electric vehicles. This is a total of Rs 500 crores.
According to the company, loan disbursement can be done in as little as 15 minutes. Customers will benefit from a low-interest rate, loan amount of up to 85% of the two-wheeler’s value, a repayment period of 36 months, and EMI schemes tailored to their eligibility.
Founder and CEO, of Kinetic Green, Sulajja Firodia Motwani, said, “With attractive financing options provided by Tata Capital the partnership will further favour the green mobility shift, leading to a seamless ownership experience.”
Managing Director of Tata Capital Financial Services, Sarosh Amaria, said, “With our easy and affordable financing solutions, we want to make EV adoption easier for Kinetic Green’s two-wheeler buyers. We look forward to a mutually beneficial partnership with Kinetic Green.”
Kinetic Green designs and manufactures an ARAI-approved electric 3-wheeler. They also use Lithium Ion battery technology to power their cars in India. Kinetic Green’s mission is to provide mobility for millions. Kinetic Green has more than 500+ dealers serving customers in over 20 Indian states.
