Mufin Green Finance has joined forces with Snap-E Cabs to supply a fleet of 100 electric four-wheel vehicles to the ride-sharing service. These electric cars have been leased for a five-year period.
After the lease term, Snap-E Cabs has the option to purchase these vehicles back from Mufin Green Finance. This collaboration is part of Mufin Green Finance’s ongoing partnerships within the electric vehicle ecosystem, which includes companies like BluSmart, Battery Smart, Piaggio, Yatri, Mayuri, Saarthi, Citylife, Arzoo, Alt Mobility, OHM, Alti Green, and more.
Mufin Finance Green, a publicly-listed non-banking financial company (NBFC), focuses on financing various components of the electric vehicle industry, including two-wheelers, three-wheelers, four-wheelers, fast chargers, and swappable batteries.
The company operates in 14 states in northern India.