Mahindra Electric and Zoomcar expand EV sharing to Pune

Mahindra Electric and Zoomcar, India’s largest shared mobility platform, have announced availability of EVs as shared mobility solution in Pune, their sixth city after Mysore, Delhi, Bangalore, Hyderabad and Mumbai.

The companies are set to offer 50 e2oPlus cars in Pune, in both the self-drive rental as well as ZAP subscribe program. ZAP Subscribe enables the user to obtain a personal car without down-payment, service and insurance; with this facility, the e2oPlus is available at Rs 9,999 a month. 

The vehicles were flagged off in the presence of Dr Rajendra Jagtap, CEO, Pune Smart City Development Corporation Ltd (PSCDCL). The initiative aims at promoting connected, shared and electric mobility as a model in Pune, in line with the recommendations in the NITI Aayog report on the government’s 2030 vision. Pune is an upcoming IT centre and is an important hub in the state of Maharashtra.

Speaking on the occasion Mahesh Babu, CEO, Mahindra Electric said, “Mahindra Electric and Zoomcar have joined hands to bring electric mobility technology to more and more people. We are proud to extend our association and introduce our EVs on Zoomcar’s shared mobility platform in Pune. This initiative comes as one of the first steps after the announcement of Maharashtra’s EV policy and we are positive that it will contribute to the state’s mission of rapid adoption of EVs”

Greg Moran, co-founder and CEO, Zoomcar, said “We once again partner Mahindra Electric to bring innovative, green mobility solutions to the people in Pune. First through our PEDL cycle service and now with our electric vehicle launch, Pune continues to demonstrate strong leadership in supporting innovative first and last mile urban mobility solutions.”

The vehicles under this initiative are financed as a part of larger financing arrangement between Zoomcar and LeasePlan which will see Zoomcar obtain customised EV financing. Mahindra Finance continues to be financing partners in various other cities for Zoomcar & Mahindra Electric for EV financing.