Key Takeaways
- Altigreen partners with Axis Bank to launch customized retail financing for electric vehicles.
- The collaboration offers secure loan and lease options to simplify EV purchases across India.
- Both firms highlight their ESG commitments and aim to accelerate the shift to electric mobility.
Kolkata: Altigreen, India’s top commercial electric vehicle maker, has partnered with Axis Bank to provide customized retail financing alternatives to its customers, a release said on Friday.
“This partnership is aligned to streamline and simplify the purchasing process and empower customers in their transition to electric mobility.
Axis Bank’s extensive range of financial products will now be accessible to Altigreen’s customers across India,” it added.
” We are pleased to be able to bring on board the retail finance facility from Axis Bank. Altigreen’s customers now have access to protected and secure financial solution services from one of India’s largest banks. With our outstanding after-sales service and Axis Bank’s financing service, we will continue to provide excellence for our customers.” Altigreen CFO Shalendra Gupta said.
Commenting on the collaboration,Group Executive and Head Retail Banking, Axis Bank,Sumit Bali, said, “We are excited to partner with Altigreen, with whom we share a common goal of augmenting eco-friendly mobility solutions. Electric Vehicle financing is a priority area for us, and through this partnership we have taken one more step closer towards our ESG commitments. We will be providing customised financial solutions to Altigreen customers across wholesale & retail verticals. Our aim is to make the transition to electric mobility easy and hassle-free for all customers.”
