In a major boost to India’s electric vehicle (EV) ecosystem, Warivo Motor Pvt Ltd, a leading electric two-wheeler manufacturer, has partnered with Shriram Finance to provide affordable and flexible financing options for customers. This strategic collaboration aims to make electric mobility accessible across underserved market segments, accelerating India’s shift toward sustainable transportation.
Under this partnership, Warivo Motor will offer customized EMI plans for both low-speed and high-speed electric vehicles, empowering customers to experience the benefits of EVs at affordable rates. The initiative aligns with Warivo’s vision of being “Everyone’s Ride”, emphasizing inclusivity and sustainability.
Through its expansive dealer network, Warivo expects this partnership to significantly enhance market penetration by equipping dealerships with advanced financing options, enabling them to serve a broader customer base.
Speaking about the partnership, Mr. Yuvraj Garg, Director of Warivo Motor, stated, “Our association with Shriram Finance marks a pivotal moment in India’s electric mobility journey. By combining their financial expertise with our innovative EV solutions, we aim to make electric mobility both accessible and affordable, solidifying Warivo as ‘Everyone’s Ride.’”
Mr. Gopinath TA, Assistant Vice President of Shriram Finance, added, “At Shriram Finance, we are committed to driving financial inclusion and supporting India’s transition to sustainable mobility. This collaboration with Warivo Motor allows us to provide innovative and tailored financial solutions that meet the evolving needs of our customers.”
This initiative addresses key challenges of affordability and accessibility in the EV segment while paving the way for a long-term transformation in India’s transportation landscape. By combining Warivo’s EV expertise with Shriram Finance’s customer-centric approach, the partnership seeks to redefine mobility with cleaner, smarter, and more sustainable solutions.
