The partnership is aimed to make EVs extra accessible and accelerating the adoption throughout the nation
Bengaluru, July 13, 2023: Ola Electrical, India’s largest electrical car firm, has partnered with Shriram Metropolis Union Finance because it steps up its efforts to take EV penetration deeper into smaller cities. Partnering with Shriram Metropolis Union Finance, the corporate is providing rates of interest as little as 8.99% for a tenure of 48 months, with approvals assured in minutes. With this, Ola Electrical highlighted its dedication to #EndICEAge by making EVs extra inexpensive and accessible to all.
Shriram Metropolis Union Finance is India’s main NBFC and among the many largest financiers of 2W’s within the nation with about 2,800 branches throughout city and rural pockets.
Ankush Aggarwal, Chief Enterprise Officer, Ola stated: “As we increase our retail footprint past Tier I cities, we’re centered on making financing options simple and accessible for all. With our partnership with Shriram Metropolis Union, we intention to interrupt monetary obstacles and make electrical mobility a actuality for purchasers. We’re assured that it’ll pave the way in which for accelerating EV adoption throughout the nation.”
Clients can avail these financing choices on-line and offline by strolling into their nearest Expertise Heart for an in depth obtain on financing choices earlier than finalizing their buy by the Ola app. Ola at the moment has India’s largest D2C vehicle retail community with over 850+ Experience Centres and is on observe to launch the 1,000th EC in August.
The S1 lineup, comprising S1 Professional, S1, and S1 Air, incorporates a glossy and minimalist design, coupled with state-of-the-art know-how and unparalleled efficiency. The corporate has been topping the gross sales charts within the 2W EV section for greater than three consecutive quarters now. Ola can also be the market share chief commanding nearly 40% market share within the EV 2W section.
About OlaOla is India’s largest mobility platform and one of many world’s largest ride-hailing firms. Ola revolutionised city mobility by making it obtainable on-demand for over a billion individuals throughout 3 continents. Immediately, Ola continues to maneuver the world to sustainable mobility by its ride-hailing platform in addition to by superior electrical autos manufactured at its Futurefactory, the most important, most superior, and sustainable two-wheeler manufacturing unit on the earth. Ola is devoted to transitioning the world to sustainable mobility and making the world higher than we discovered it.
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