Greaves Finance Limited, a non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton Ltd., under its electric vehicle ownership platform evfin, today announced its partnership with ElectricPe, India's largest and most trusted EV solutions player. This collaboration marks a pivotal moment in revolutionising the EV landscape, combining the strengths of two innovative entities dedicated to simplifying the EV ownership experience.

evfin by Greaves Finance Ltd.

ElectricPe recently expanded its offerings by opening virtual and physical mobility centres, selling various 2-wheeler OEM brands to simplify EV ownership. The alliance between evfin and ElectricPe signifies a synergy between two industry leaders committed to redefining the electric vehicle journey for customers.

ElectricPe's customer experience will be elevated by Greaves Finance Limited's innovative introduction of 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.

Speaking on the collaboration, Sandeep Divakaran, CEO, Greaves Finance Ltd., said, "We are thrilled to partner with ElectricPe on this transformative journey, as we view this as a milestone in reshaping the electric vehicle landscape in India. 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 of ElectricPe echoed the sentiment, "At ElectricPe, our relentless commitment is to ensure an exceptional customer experience throughout their electric vehicle journey. 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 Limited that are aligned with their unique preferences and requirements.

Greaves Finance Limited has been a leader in financing consumers of leading EV OEMs like Ather Energy, OLA, TVS, Vida (Hero MotoCorp.), Ampere, among others, further solidifying its role in driving the widespread adoption of electric mobility across India.

About Greaves Finance Ltd.

Greaves Finance Ltd. is India's only EV-focused non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton Ltd. With a mission to democratise the EV experience, Greaves Finance Limited under its platform evfin provides innovative financing solutions exclusively tailored to electric vehicle ownership, supporting the growth of sustainable mobility in India.

For more information visit - www.evfin.co.

About Greaves Cotton Limited

Greaves Cotton Limited (GCL) is a leading diversified multi-product and multi-location engineering Company with a rich legacy and brand trust of over 163 years. The Company is a leading name in Fuel Agnostic Powertrain Solutions, EMobility, Aftermarket & Retail. Driven by customer centricity and sustainability, GCL aims to redefine the sustainable, cleantech and green mobility ecosystem through transformative technologies by touching a billion lives by 2030. The Company recently announced the acquisition of Excel Controlinkage Pvt. Ltd. to unlock new avenues of growth and continue to build expertise in future cutting-edge technologies. GCL has a vast distribution network across India, with over 9000 dealers and service centres. GCL also has a global presence, with exports to over 25 countries. As a responsible corporate citizen, GCL is committed to sustainability and has implemented various initiatives to reduce its carbon footprint and promote environmental conservation.

For more information visit - www.greavescotton.com.

About ElectricPe

ElectricPe, founded in May 2021 by Avinash Sharma and Raghav Rohila, is India's foremost Electric Vehicle (EV) platform. Seamlessly connecting users to charging points nationwide, ElectricPe simplifies access through cutting-edge technology and a vast network of charging stations and operators. The company's virtual and physical mobility centers are revolutionising EV ownership, offering consumers diverse E-2Wheelers, subscriptions, and financing, empowering informed consumer decisions. A pioneer in the EV landscape, ElectricPe stands as India's trusted player in fostering widespread EV adoption, ensuring access, convenience, and choice. 

Visit ElectricPe for details.