Greaves Finance and ElectricPe Forge Strategic Partnership to Revolutionize Electric Vehicle Ownership in India

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Representational image. Credit: Canva

Greaves Finance Limited, a non-banking financial company (NBFC) and subsidiary of Greaves Cotton Ltd, has announced a groundbreaking partnership with ElectricPe, India’s leading EV solutions provider. This collaboration, facilitated under the evfin electric vehicle ownership platform, represents a significant step in transforming the electric vehicle (EV) landscape in India.

ElectricPe, known for its extensive offerings in virtual and physical mobility centers, selling various 2-wheeler OEM brands, has joined forces with evfin to simplify and elevate the EV ownership experience. The collaboration brings together two industry leaders committed to reshaping the electric vehicle journey for customers.

Greaves Finance Limited, through its innovative buyback programs such as smart.fin and ride.fin in 2-wheeler EV financing, aims to enhance ElectricPe’s customer experience. These programs will be easily accessible to customers at ElectricPe Mobility Centers and through the user-friendly app, providing unparalleled convenience and value in the overall EV ownership journey.

Sandeep Divakaran, CEO of Greaves Finance Ltd., expressed excitement about the transformative partnership, considering it a milestone in reshaping the electric vehicle landscape in India. The collaboration is expected to bring substantial business activity with ElectricPe and aims to set a new industry benchmark for convenience, innovation, and overall customer satisfaction.

Avinash Sharma, Co-Founder and CEO of ElectricPe, echoed similar sentiments, emphasizing the commitment to ensuring an exceptional customer experience throughout the electric vehicle journey. The partnership is deemed a game-changer, simplifying and enhancing the electric vehicle financing experience. It focuses on providing improved financing choices and seamless transitions for customers, ultimately making the EV ownership journey simpler and better.

As part of the collaboration, ElectricPe customers gain access to specialized financing support, allowing them to explore tailored financing solutions from Greaves Finance Limited aligned with their unique preferences and requirements. Greaves Finance Limited has already played a pivotal role in financing consumers of leading EV OEMs like Ather Energy, OLA, TVS, Vida (Hero MotoCorp.), Ampere, among others, solidifying its position in driving the widespread adoption of electric mobility across India.

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