Quantum Energy Partners with ECOFY for EV Financing Options

Quantum Energy has entered into a strategic partnership with Ecofy, India’s first green-focused Non-Banking Financial Company (NBFC). This partnership aims to enhance affordability and accessibility for customers nationwide, enabling more individuals to own Quantum Energy’s diverse lineup of EV two-wheelers, including the popular Plasma, Milan, and Bziness models. Designed to address various needs, from daily urban commutes to business logistics, these scooters are well-known for their performance, build quality, and reliability.

Through ECOFY’s green financing solutions, customers can take advantage of flexible repayment options, including affordable EMIs and tailored loan tenures. In addition, they can access value-added services like Annual Maintenance Contracts (AMC) and asset buyback programs. The AMC offers hassle-free maintenance for their EVs, while the asset buyback ensures peace of mind regarding the resale value of their vehicles, creating a seamless and stress-free ownership experience. This tie-up builds on Quantum Energy’s recent alliance with LoanTap, a prominent online personal loan platform, further strengthening its commitment to making sustainable transportation more attainable.

Mrs. Chakravarthi C., Managing Director of Quantum Energy, commented, “Building on the success of our previous collaboration, which has contributed to strong sales of our electric two-wheelers, we’re excited to take this next step with Ecofy. Their financing approach removes typical barriers to EV ownership, providing individuals a seamless path to cleaner transportation. Together, we aim to make sustainability not just an ideal, but an achievable reality for more Indian consumers.”

Through this partnership, Ecofy will offer distinctive loan products that stand out from traditional financing options, featuring a fully digital customer journey and strong field support for dealerships. Loan approvals will be expedited with minimal documentation, ensuring a smooth and efficient purchasing process for customers. Quantum Energy dealers will also receive comprehensive training and resources to effectively promote these financing solutions, including QR codes for instant access and dedicated assistance from ECOFY’s field team.