In a strategic move to promote sustainable transportation, Godawari Electric Motors has partnered with Shriram Finance. This collaboration aims to enhance electric vehicle (EV) accessibility across India, making electric two-wheelers and three-wheelers more affordable and achievable for consumers. The partnership is part of the “Shriram Green Finance” initiative designed to streamline the financing of electric mobility.
The partnership will offer a range of financing options through Shriram Finance, catering to both low-speed and high-speed electric vehicles (L3 and L5 categories). These loans, available nationwide, come with flexible terms, attractive interest rates, and minimal processing fees, simplifying the EV purchase process for Indian consumers.
Godawari Electric Motors’ CEO, Hyder Khan, expressed excitement about the collaboration, emphasizing the shared goal of boosting eco-friendly mobility in India. He highlighted that this partnership will enable more people to embrace electric vehicles and contribute to reducing the country’s carbon footprint.
The partnership’s financing model is designed to ensure hassle-free access to EVs, with a straightforward application process and competitive terms. This initiative is expected to play a significant role in increasing the adoption of electric vehicles, particularly among cost-conscious buyers in India’s growing EV market.
This collaboration underscores a significant shift in India’s transportation landscape, as both Godawari Electric Motors and Shriram Finance aim to catalyze the transition towards cleaner, greener, and more sustainable mobility options across the country.
