Altigreen and Sundaram Finance have partnered to offer customized retail financing to their customers in an effort to speed up the EV purchasing process. Sundaram Finance’s range of financial services will be available to Altigreen customers in the entire country as a result. They will offer attractive financing schemes as well as customized loans for EV customers to boost retail sales.
Shalendra Gupta (Co-Founder and CFO of Altigreen) shared his thoughts about the partnership. “Partnering with Sundaram Finance was a strategic decision. Our association with a financier who has a solid base and a long history will help us reach rural and urban markets and reinforce confidence in Altigreen’s products. Altigreen is better positioned to offer better financing solutions to its customers and to ensure greater earning opportunities.”
Rajiv Lochan said that Sundaram Finance was “delighted to partner with Altigreen in the next phase of financing electric vehicles.” Altigreen’s partnership with us was based on the goal of making transportation carbon-free, and accessible to everyone. The research and subsequent rollouts of the three-wheeler EV freight, along with their passion, allow a trusted NBFC such as us to enter this segment. Customers can now select from exciting finance options. We are confident that our valued and loyal customers will be able to enjoy the Sundaram experience through our partnership. Altigreen customers will be able to access our full suite of financial services and products.
Customers can expect a wide range of new financial solutions that will simplify the purchase of their favourite Altigreen electric vehicles. Customers of Altigreen can receive funding at competitive interest rates compared to non-banking companies. Sundaram Finance offers customers a complete solution for their EV finance needs through this partnership.
