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#EVFinancing

BluSmart Secures Rs. 100 Crore In EV Financing

An all-electric ride-hailing platform, BluSmart’s asset-leasing initiative, Assure by BluSmart has reached a milestone, surpassing Rs. 100 crore in book value. Within the first year of launch, the program has grown exponentially, growing 10x times in monthly scale of financing…

Wardwizard Innovations & Mobility Partners with Mufin Green Finance

Wardwizard Innovations & Mobility announced a strategic partnership with Mufin Green Finance, a prominent NonBanking Financial Company (NBFC) specializing in three-wheeler (3W) electric vehicle loans. This partnership exclusively focuses on providing customised financing solutions for Wardwizard’s L3 Passenger and L5…

GT Force Partners with CASHe Green to Simplify Financing for Electric Two-wheelers

This collaboration aims to simplify the financing process for customers looking to purchase GT Force’s range of Low-speed and High-speed models, including the popular GT Vegas and GT Ryd Plus. The GT Vegas features a 1.5 kWh lithium-ion battery, providing…

LeafyBus and AMU [NBFC] Join Forces to Drive Electric Mobility by Financing 10 New EV Buses for Inter-City Operations

In a significant push towards sustainable transportation, LeafyBus, a New Delhi-based electric bus operator, has joined forces with AMU to roll out its first fleet of 10 electric buses for inter-city travel. The NBFC will finance these buses and it…

EV Financing Startup Perpetuity Capital Raises Rs 7 crore through NCDs

Cleantech Mobiltiy-focused fintech startup Perpetuity Capital has raised Rs 7 crore through Non-Convertible Debentures (NCDs). The funding round was led by N+1 Capital and RevX Capital, both of which are prominent debt funds supporting small and medium enterprises (SMEs) and…

Vidyut Launches in-house Used EV Sale and Financing Platform to Boost Convenience for Customers

Vidyut, a Bengaluru-based startup founded in November 2021, has launched an in-house platform for the sale and financing of used electric vehicles (EVs). This new service aims to make EV ownership more convenient and stress-free by managing the complete process…

Yadav, John Kerry Hold Talks on US-India Collaboration for Financing E-buses

Union Minister for Environment, Forest and Climate Change Bhupender Yadav and US Special Presidential Envoy for Climate, John Kerry on Saturday discussed the US-India collaboration to establish a payment security mechanism to address current constraints in the expansion of e-bus…

Tata Motors Joins South Indian Bank To Offer EV Financing

Tata Motors has announced a partnership with South Indian Bank to extend an exclusive Electric Vehicle Dealer Financing Programme and offer comprehensive retail financing solutions to all customers.  Ramesh Dorairajan, Senior General Manager – Network Management & EV Sales, Tata Motors…

Erisha E Mobility Joins Forces With Lakshmi India Finance For EV Financing

Erisha E Mobility Pvt Ltd and Lakshmi India Finance Pvt Ltd have recently signed a MOU agreement. The collaboration aims to provide loan facilities to potential customers in Rajasthan, Madhya Pradesh, and Gujarat, who wish to purchase electric three-wheelers manufactured…

HSBC, Tata Motors Join Hands For EV Financing

  HSBC India has partnered with Tata Motors for a corporate employee financing solution to accelerate the adoption of zero-emission Electric Vehicles (EVs).  Consumers holding a salaried account with HSBC India can apply for this one-of-a-kind tailor-made loan to purchase…