Altigreen and Mufin Green Finance have unveiled a strategic partnership with the objective of accelerating the global transition towards eco-friendly transportation and advancing green mobility solutions.
The primary goal of this collaboration is to overcome financial barriers hindering the shift to electric mobility by ensuring that affordable financing options are readily available for a wider audience.
Altigreen has established a strong offline presence, enabling prospective customers to experience test drives, make informed purchasing decisions, and consequently promote the adoption of electric vehicles (EVs) across various cities.
Under the terms of this partnership, Mufin Green Finance will extend financing to a considerable number of Altigreen’s electric three-wheelers. The venture between both companies seeks to drive substantial transformation in the global transportation landscape.
The focal point of this collaboration is to enhance accessibility to Altigreen’s electric three-wheelers for individuals, businesses, and fleet operators, thereby encouraging the widespread adoption of these environmentally conscious vehicles.
Expressing his enthusiasm for this collaboration, Shalendra Gupta, Co-Founder and CFO at Altigreen Propulsion Labs, mentioned, “We are excited to join forces with Mufin Green Finance as we work towards establishing green mobility as the new standard. Together, we intend to provide cost-effective and efficient electric three-wheelers that not only benefit the environment but also empower businesses and communities.”
This partnership perfectly aligns with the shared vision of both entities to pave the way for a cleaner, more sustainable future for generations to come. Both companies are embarking on this journey together with the aspiration of inspiring other enterprises and financial institutions to embrace sustainable practices.
The collaborative efforts of Altigreen and Mufin Green Finance will focus on multiple markets to promote the adoption of EVs. This endeavor will primarily target regions with a significant potential for electric three-wheeler adoption, such as urban areas with substantial transportation demands and tier 2 cities where residents seek sustainable yet affordable mobility solutions.
