Quantum Energy partners with Ecofy to offer green financing for e-2ws

Ecofy will offer a fully digital financing process, minimal documentation, and expedited approvals.

25 Nov 2024 | 3699 Views | By Autocar Professional Bureau

Electric two-wheeler manufacturer, Quantum Energy, has partnered with Ecofy, a green-focused non-banking financial company to make EV ownership more accessible by providing flexible financing solutions, including affordable EMIs and tailored loan tenures, to customers nationwide.

The partnership also introduces value-added services like Annual Maintenance Contracts (AMC) and asset buyback programs, ensuring hassle-free ownership and reliable resale value. Quantum Energy's range of electric scooters, including popular models such as Plasma, Milan, and Bziness, is designed for diverse needs, from urban commutes to business logistics.

Ecofy’s financing options have a fully digital process, minimal documentation, and expedited approvals. Dealerships will also benefit from extensive training and support to promote these financial solutions effectively. Customers can access these options easily through QR codes and receive on-ground assistance from Ecofy’s field teams, simplifying the purchasing process.

Chakravarthi C., Managing Director of Quantum Energy, said, “Building on the success of our previous collaboration, which has contributed to strong sales of our electric two-wheelers, we’re excited to take this next step with Ecofy. Ecofy’s financing approach removes typical barriers to EV ownership, providing a seamless path to cleaner transportation, she said. “Together, we aim to make sustainability not just an ideal, but an achievable reality for more Indian consumers,” she added.

Co-Founder, Managing Director, and CEO of Ecofy Rajashree Nambiar, said, “Our mission has always been to empower individuals and businesses to make sustainable choices for the planet. Partnering with Quantum Energy allows us to bring this vision to life, providing consumers with the financial resources they need to embrace electric mobility effortlessly.”

Quantum Energy, a subsidiary of Kusalava International, has grown rapidly since its founding in 2022. It ranks among India’s top 10 EV two-wheeler brands, with over 10,000 vehicles sold. Ecofy NBFC is a one-stop solution for financing eco-friendly products and services.

This collaboration follows Quantum Energy’s recent alliance with LoanTap and reflects its ongoing commitment to making green transportation more accessible.

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