Odysse Electric Vehicles has entered into a strategic partnership with Shriram Green Finance Limited to provide financing solutions for electric two-wheelers, the companies announced on Monday.
The memorandum of understanding between the premium electric vehicle manufacturer and the financing company will enable customers including everyday riders, small business owners, delivery executives, and families to access flexible payment options when purchasing Odysse electric scooters. The financing will be available through Shriram Green Finance's network across India.
The collaboration is designed to lower the barrier to entry for electric vehicle ownership by making the purchase process more affordable and accessible to a broader customer base.
Nemin Vora, Founder and CEO of Odysse Electric, described the partnership as a commitment to transforming mobility in India. "By uniting advanced EV innovation with inclusive financing, we are opening the doors to a cleaner, smarter, and democratically accessible mobility ecosystem," Vora said in a statement.
Nanda Gopal, National Business Head at Shriram Green Finance Limited, said the partnership aims to reduce barriers to EV adoption and accelerate the deployment of zero-emission commercial vehicles, contributing to India's net zero emissions goals.
Odysse Electric, part of the Vora group of companies, manufactures electric scooters and bikes targeting various customer segments. The company works with international EV component manufacturers and mobility technology specialists to develop its product lineup.
The partnership comes as India continues to push for greater adoption of electric vehicles as part of its environmental and energy transition objectives.