Greaves Electric Mobility, a leading player in India’s electric vehicle (EV) segment, has entered into a strategic partnership with Perpetuity Capital to drive faster EV adoption across the country. The collaboration aims to provide enhanced financial solutions, expand accessibility, and strengthen India’s growing EV ecosystem.
The partnership is designed to bridge critical financing gaps in the EV value chain—particularly in retail and fleet segments—by offering customized financial instruments for consumers, dealers, and last-mile delivery operators. The move comes at a time when India’s EV market is witnessing robust growth, fueled by supportive government policies and rising consumer awareness.
According to Greaves Electric Mobility, the association with Perpetuity Capital will help unlock new financing opportunities, improve credit accessibility, and support sustainable mobility initiatives nationwide. The partnership will also facilitate flexible ownership models, including lease and subscription programs, making EV adoption more affordable and widespread.
Industry experts view this collaboration as a significant step toward achieving India’s clean mobility goals. By combining Greaves’ product innovation and extensive distribution network with Perpetuity Capital’s financial expertise, the initiative aims to accelerate EV penetration beyond urban centers and into tier-2 and tier-3 markets.
Commenting on the development, a senior company official said the partnership aligns with Greaves’ vision to democratize electric mobility. “Our collaboration with Perpetuity Capital will make EVs accessible to a larger audience, addressing affordability challenges while fostering financial inclusion in the green mobility space,” the official stated.
The agreement reinforces Greaves Electric Mobility’s long-term strategy to strengthen its leadership in the electric two- and three-wheeler categories, while supporting India’s broader sustainability mission under the FAME-II and National Electric Mobility Mission Plan.
With this strategic move, Greaves Electric Mobility continues to position itself as a key enabler in India’s clean energy transition, contributing to the nation’s vision of achieving net-zero emissions by 2070 through the rapid adoption of electric mobility solutions.
