BYD India Signs MoU With ICICI Bank To Offer Financing Solutions

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BYD India Private Limited, a subsidiary of the world’s leading New Energy Vehicle manufacturer BYD, signed an MOU with the ICICI Bank to offer financing solutions for its dealers and customers.

This move underlines BYD India’s commitment towards providing an improved customer experience. Under this partnership, ICICI Bank will provide a bouquet of financial products and solutions to BYD India’s dealers and retail customers.

Hemant Nagpal, Product Head- Vehicle Loans & Dealer Funding, ICICI Bank, said, “We at ICICI Bank believe that electric vehicles will contribute significantly to creating a sustainable and environment-friendly mobility ecosystem. Our partnership is a step towards enabling a greener India.”

Sanjay Gopalakrishnan, Sr Vice President of the Electric Passenger Vehicle Business of BYD India, said, “With the tie-up with ICICI Bank, we are a step closer towards building a strong sustainable ecosystem, where our dealers will have more access to financing solutions.”

BYD India will also launch its electric sports utility vehicle, Atto3 in India soon.

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