Quantum Energy collaborates with I-Loan for finance services for EVs

Quantum Energy has entered into a partnership with I-Loan, a green-focused finance company under the LoanTap Group, to provide flexible financing options for its electric two-wheeler customers across India. The collaboration aims to enhance the affordability of Quantum Energy’s EV models, including the Plasma, Milan, and Bziness scooters, catering to diverse commuting needs such as daily travel and business logistics.

The partnership introduces financing solutions with flexible repayment options, reducing the burden of upfront payments. Customers can benefit from quick loan disbursals within 24-36 hours, minimal paperwork, and an absence of hidden or foreclosure charges. These features aim to simplify the purchasing process while ensuring customer data remains secure.

Chakravarthi C., Managing Director of Quantum Energy, highlighted that the partnership will help make their electric scooters more accessible and support the transition to green mobility. She added that the financing options provided by I-Loan are designed to offer flexibility to customers and expand Quantum Energy’s market presence.

Rajeev Das, CEO of I-Loan (LoanTap Group), emphasised their shared goal of promoting sustainable transportation. He noted that the financing solutions include quick approvals, streamlined processes, and adaptable repayment terms to make EV ownership more convenient and affordable for Indian customers.

I-Loan will also equip Quantum Energy dealerships with resources to promote financing options effectively. Dealers will have access to QR codes for quick loan processing and on-the-ground support from I-Loan’s field teams. This integration aims to enhance the overall sales and service experience for customers.

Quantum Energy, a subsidiary of Kusalava International, established in 2022, leverages its parent company’s five decades of engineering expertise. With over 10,000 electric two-wheelers sold to date, Quantum Energy continues to expand its presence in the EV market by focusing on accessibility, quality, and sustainable mobility solutions.