MLR Auto Limited, a subsidiary of Greaves Electric Mobility Private Limited (GEMPL), the e-mobility business of Greaves Cotton Limited, announced its strategic partnership with Vidyuttech, a leading financing platform and lifecycle management service provider.
Under the partnership, Vidyuttech will provide flexible financing for MLR’s electric three-wheelers. With Vidyuttech’s financing and lifecycle management services expertise, MLR’s customers across India will benefit from simplified electric vehicle ownership.
Vidyuttech’s unique pay-per km battery lease and attractive interest rate of approximately 10 % is designed to facilitate the adoption of Electric 3-wheelers, making them an affordable and sustainable choice for customers.
Moreover, Vidyuttech’s commitment to providing over 90 % on-road funding for potential customers significantly reduces the burden of downpayment, making electric vehicle ownership more accessible than ever before.