In order to provide exclusive financing options for electric two-wheelers and three-wheelers throughout India, Godawari Electric Motors and Shriram Finance Ltd. have formed a strategic alliance. Under the “Shriram Green Finance” project, this partnership seeks to lower the cost and increase access to electric car ownership across the country.
As the preferred financial partner for Godawari Electric Motors, Shriram financial Ltd. will provide customised loan options for all of the company’s EVs, including low-speed and high-speed models (L3 & L5).
The following funding alternatives will be offered throughout India:
- Reasonable interest rates
- Varying loan terms
- Minimal processing costs
- Simple and easy application procedure
Hyder Khan, CEO of Godawari Electric Motors, expressed his enthusiasm about the partnership, stating, “We are excited to collaborate with Shriram Finance Ltd. to provide customers with flexible and accessible financing solutions. This partnership aligns with our commitment to promoting sustainable e-mobility and will empower more Indians to switch to eco-friendly transportation.”
Advancing Green Mobility in India
This collaboration is anticipated to increase EV sales and persuade more customers to switch to clean, sustainable transportation as the demand for EVs rises. For Indian consumers, EV adoption is becoming more feasible and feasible thanks to Godawari Electric Motors and Shriram Finance Ltd.’s reasonable financing options.
Initiatives like this are essential to lowering carbon footprints and advancing India’s sustainable mobility objectives as the nation transitions to a greener future.