EV Financing Gets Easier
Key Highlights
- Ampere signs financing partnership with Muthoot Capital.
- Covers the complete electric two-wheeler portfolio.
- Flexible repayment options for diverse customer segments.
- Focus on expanding EV adoption beyond metro cities.
- Targets salaried, self-employed and gig workers.
- Partnership aims to improve affordability and accessibility.
Greaves Electric Mobility Ltd has announced a strategic partnership between its electric two-wheeler brand Ampere and Muthoot Capital Services to offer convenient retail financing solutions for customers across India.
The collaboration is aimed at making electric two-wheelers more affordable by providing flexible repayment options suited to salaried employees, self-employed professionals, gig workers and small business owners.
Greaves Electric Mobility Chief Business Officer Manoj MP said the partnership combines trusted brands to offer seamless ownership experiences while accelerating electric mobility adoption across Bharat.
Muthoot Capital Services CEO Mathews Markose said financing will play a crucial role in expanding EV adoption beyond metropolitan cities and into smaller towns and rural markets.
The companies expect the financing partnership to reduce affordability barriers and encourage more consumers to switch to sustainable transportation.
