Okinawa Autotech, Pine Labs Partners For EV Financing

Okinawa Autotech has teamed up with Pine Labs with lucrative financing options for this festive season. 

This partnership aims to simplify the EV ownership process by eliminating barriers such as down payments, hidden charges, hypothecation, and extensive documentation. With instant loans and flexible tenures of up to 18 months, the "Buy Now, Pay Later" scheme introduced by Okinawa Autotech and Pine Labs aims to enhance festive sale numbers by providing financial flexibility during the season of giving.

For enthusiasts exploring retail finance for two-wheelers, the partnership introduces EMI options through Pine Labs, reducing paperwork and processing time. Credit card holders from select banks can benefit from a 5 per cent cashback, up to Rs. 1,500, on purchases ranging from Rs. 10,000 to Rs. 30,000, with Yes Bank offering a discount of Rs. 3,000 on transactions exceeding Rs. 85,000. Flexible EMI tenures, ranging from 3 to 24 months, cater to diverse customer needs.

On the partnership, a company spokesperson, said "This collaboration signifies our commitment to making electric mobility more accessible and affordable while eliminating traditional barriers associated with retail finance."

With this partnership, Okinawa Autotech and Pine Labs hope to impact retail financing by creating fresh ideas and pushing for affordability. Sales are anticipated to increase as an outcome of this increased attraction to customers. To take full advantage of this festival season, the offered price is valid through September 30, 2023.