EKA Mobility has announced the signing of a Memorandum of Understanding (MoU) with Shriram Green Finance Limited, a 100% subsidiary of Shriram Finance Ltd., to provide easy financing solutions for electric commercial vehicles. This strategic partnership will empower fleet operators, transporters, dealers, small businesses and communities to seamlessly transition to sustainable mobility by availing flexible, accessible, and affordable financing options for EKA’s wide range of commercial electric buses, LCVs, trucks and 3-wheelers.
Speaking on the partnership, Rohit Srivastava, Business Head & Chief Growth Officer EKA Mobility, said, “The adoption of EVs at scale requires not just world-class technology and reliable vehicles, but also a strong ecosystem of partnerships that make the shift financially viable for customers. This collaboration brings together EKA Mobility’s advanced EV technology and manufacturing expertise with Shriram Green Finance’s extensive financing network to accelerate clean mobility adoption across India.”
Mr. Nanda Gopal, National Business Head, Shriram Green Finance Limited, said, “At Shriram Green Finance, we are committed to supporting India’s transition to sustainable and green transportation solutions. Our partnership with EKA Mobility allows us to finance a new generation of electric commercial vehicles that will drive both economic growth and environmental progress.”
With this MoU, EKA and Shriram Green Finance aim to reduce barriers to EV adoption, accelerate deployment of zero-emission commercial vehicles, and contribute to India’s mission of achieving net zero emissions.
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