MLR Auto, Vidyuttech Partners To Provide Financing Options For E3Ws

MLR Auto, a subsidiary of Greaves Electric Mobility (GEMPL), the e-mobility business of Greaves Cotton, has partnered with Vidyuttech, a financing platform and lifecycle management service provider. Under the partnership, Vidyuttech will provide flexible financing for MLR's electric three-wheelers in L5 segment.

Commenting on the partnership, Nirmal NR, Chief Executive Officer & Wholetime Director of MLR Auto, said, "This partnership will provide our customers with accessible and hassle-free financing options, simplifying their transition to electric three-wheelers and contributing to a more sustainable and emission-free future." 

Vidyuttech's pay-per-km battery lease & interest rate of approximately 10 per cent is designed to facilitate the adoption of Electric 3-wheelers, making them an affordable and sustainable choice for customers.

"Our battery leasing and low-cost financing is designed to make EV transition a no-brainer for our customers," said Xitij Kothi, Co-Founder of Vidyuttech.