Ampere Partners Muthoot Capital Services for Electric Two-Wheeler Financing

New Delhi: Greaves Electric Mobility Ltd on Tuesday said its electric two-wheeler brand Ampere has entered into a partnership with Muthoot Capital Services to offer retail financing solutions for its complete range of vehicles.

The partnership is designed to bridge affordability barriers by offering financing solutions tailored to diverse income profiles and mobility needs, Greaves Electric Mobility said in a statement.

“Our partnership with Muthoot Capital Services Ltd brings together trusted and our growing electric two-wheeler portfolio to offer seamless and customer-centric ownership solutions. Together, we aim to remove financial barriers, empower customers with greater choice and convenience, and accelerate the adoption of clean mobility across Bharat,” Greaves Electric Mobility Chief Business Officer Manoj MP said.

As the country transitions towards cleaner and more sustainable transportation, financing will play a pivotal role in accelerating EV adoption beyond metropolitan cities and into the heart of ‘Bharat’, Muthoot Capital Services Ltd CEO Mathews Markose said.

“Our partnership with Ampere brings together Ampere and Muthoot, two trusted brands, with a shared vision of democratizing access to electric mobility,” he added.

Flexible repayment options of the collaboration are expected to broaden access to electric mobility by making ownership more convenient, affordable, and financially sustainable for EV buyers, salaried professionals, self-employed individuals, gig workers, or small business owners, the statement said.

(Disclaimer: Except for the headline, this article has not been edited by HDFC Sky editorial team and is auto-generated from PTI feed.