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Home News India EV News

Quantum Energy Teams Up with ECOFY for EV Financing Solutions

Aditi Singh by Aditi Singh
November 27, 2024
in India EV News, News
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Ecofy, the first green-focused Non-Banking Financial Company (NBFC) in India, has partnered with Quantum Energy. Through increased accessibility and affordability for consumers across the country, more people will be able to purchase Quantum Energy’s wide range of EV two-wheelers, which include the well-liked Plasma, Milan, and Bziness models. These scooters are renowned for their dependability, performance, and build quality. They were created to meet a variety of purposes, from daily city commutes to corporate logistics.

Customers may benefit from numerous repayment alternatives, such as reasonable EMIs and customized loan terms, by utilizing ECOFY’s green finance solutions. They can also take use of value-added services like asset buyback plans and Annual Maintenance Contracts (AMC). The asset buyback guarantees peace of mind regarding the market value of their vehicles, while the AMC provides hassle-free maintenance for their EVs, resulting in a smooth and stress-free ownership experience. This partnership strengthens Quantum Energy’s resolve to make sustainable transportation more accessible and builds on its recent partnership with LoanTap, a well-known online personal lending platform.

“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,” said Mrs. Chakravarthi C., Managing Director of Quantum Energy. Their financing strategy eliminates common obstacles to EV ownership, giving people an easy way to switch to greener modes of transportation. Together, we want to help more Indian customers see sustainability as a practical reality rather than just an ideal.

“At Ecofy, we think that real change requires both financial and environmental commitment,” said Ms. Rajashree Nambiar, co-founder, managing director, and CEO. Encouraging people and companies to make environmentally friendly decisions has always been our goal. By collaborating with Quantum Energy, we can realize this ambition and give customers the financial means to easily adopt electric mobility. We are eager to increase the accessibility of eco-friendly options and broaden the scope of green transportation solutions.

Ecofy will provide unique loan products through this cooperation that differentiate themselves from conventional financing solutions. These products will include a fully digital client journey and robust field assistance for dealerships. Loan approvals will be processed quickly and with little paperwork, giving clients a seamless and effective shopping experience. In-depth instruction and materials, such as QR codes for immediate access and committed support from ECOFY’s field team, will also be provided to Quantum Energy dealers so they can market these financing options successfully.

Tags: Ecofyelectric mobilityelectric two-wheelersEV newsev times newsQuantum Energy
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