In a move set to accelerate the adoption of electric vehicles (EVs) across India, Quantum Energy has joined forces with I-Loan, a green-focused finance arm of the LoanTap Group, to provide flexible and accessible financing options for its electric two-wheelers. The partnership aims to make Quantum Energy's EV models—Plasma, Milan, and Bziness—more affordable for a wider audience, including daily commuters and business users.
The collaboration introduces a customer-centric financing framework with minimal upfront costs, swift loan approvals within 24-36 hours, and hassle-free processing. By eliminating hidden fees and foreclosure charges, the partnership seeks to streamline the purchasing journey while maintaining robust data security standards.
“Through this partnership, we aim to make green mobility more accessible to all,” said Chakravarthi C., Managing Director of Quantum Energy. He underscored that the financing solutions offered by I-Loan are tailored to ease the transition to sustainable transportation and support the company’s growth in the competitive EV market.
Rajeev Das, CEO of I-Loan, echoed this sentiment, highlighting the shared mission of promoting eco-friendly mobility. “Our focus is on simplifying EV ownership with quick approvals and flexible repayment terms. This collaboration ensures that customers can experience sustainable transportation without financial hurdles,” he said.
To enhance the reach and effectiveness of the financing program, I-Loan will equip Quantum Energy dealerships with tools such as QR codes for instant loan processing and provide on-ground support through dedicated field teams. This integration aims to bolster dealership efficiency and improve customer satisfaction.
Quantum Energy, a subsidiary of Kusalava International, leverages its parent company’s five decades of engineering expertise to deliver high-quality EV solutions. Since its inception in 2022, the company has sold over 10,000 electric two-wheelers and continues to expand its footprint in the green mobility sector.
This strategic partnership not only strengthens Quantum Energy’s position in the EV market but also contributes to India’s push towards sustainable transportation by making EV ownership more accessible and convenient.
