Erisha E Mobility and Lakshmi India Finance have recently signed an MoU agreement for EV financing. The collaboration aims to provide loan facilities to potential customers in Rajasthan, Madhya Pradesh, and Gujarat, who wish to purchase electric three-wheelers manufactured by Erisha E Mobility.
Ravindra Singh Khaneja, the Zonal Head of Erisha E Mobility, said that this partnership will enable the company to provide better financial solutions to customers, thereby creating improved earning opportunities.
He added that the company's electric three-wheelers in the L5 category are equipped with a powerful 200 amps lithium-ion battery and a 10.5 kW motor, making them highly versatile for various loading tasks. These vehicles are best-in-class for both haulage and passenger transportation, featuring a two-speed gearbox, a lifting capacity of approximately 700 kgs, and a 39-month warranty.
Lakshmi India Finance, with 93 branches in Rajasthan, offers loans on all types of vehicles and is among the top four preferred financiers in the region.
The partnership between Erisha E Mobility and Lakshmi India Finance aims to enhance accessibility to electric three-wheelers while contributing to sustainable and eco-friendly transportation solutions in the three states.