Greaves Finance Joins Hands With ElectricPe To Make Buying EVs More Accessible

Opportunity India Desk
Opportunity India Desk Jan 23, 2024 - 2 min read
Greaves Finance Joins Hands With ElectricPe To Make Buying EVs More Accessible image
ElectricPe customers gain access to specialised financing support, enabling them to explore tailored financing solutions from Greaves Finance that are aligned with their unique preferences and requirements.

Greaves Finance, a non-banking financial company (NBFC) and a wholly-owned subsidiary of Greaves Cotton, under its electric vehicle ownership platform evfin has partnered ElectricPe, a leading EV solutions player. 

Recently, ElectricPe expanded its offerings by opening virtual and physical mobility centres, selling various electric two-wheeler brands. As part of the understanding, ElectricPe customers will now get access to Greaves Finance’s buyback programs such as smart.fin and ride.fin in two-wheeler EV financing.  These programs will be easily accessible to all customers at the ElectricPe Mobility Centers and through the user-friendly app, enhancing the overall EV ownership journey by delivering unparalleled convenience and value.

Sandeep Divakaran, CEO, Greaves Finance said, “This collaboration holds great significance, and we anticipate substantial business activity with ElectricPe.  Through this partnership, we aim to transform how customers engage with electric vehicles, establishing a fresh industry benchmark for convenience, innovation, and overall customer contentment.”

Avinash Sharma, Co-Founder and CEO, ElectricPe said, “This partnership signifies a game-changer, simplifying and enhancing the electric vehicle financing experience.  It’s about offering improved financing choices and seamless transitions, ultimately making things simpler and better for our customers.”

As part of this collaboration, ElectricPe customers gain access to specialised financing support, enabling them to explore tailored financing solutions from Greaves Finance that are aligned with their unique preferences and requirements.

Greaves Finance is amongst leading financers in the EV space providing products for Ather Energy, OLA Electric, TVS Motor Co, Vida (Hero MotoCorp.) and Ampere, among others.

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