Tata Motors Finance extends Rs 25 crore structured credit facility for BluSmart Mobility’s EV fleet expansion
The said credit facility is offered in the form of an umbrella financing cum lease solution that will enable BluSmart to expand its fleet by 200 electric vehicles.
By Autocar Professional Bureau
5035 Views
Tata Motors Finance (TMF) has partnered with EV ride hailing service provider BluSmart Mobility, to facilitate the expansion of its fleet and operations in Delhi NCR.
The said credit facility is offered in the form of an umbrella financing cum lease solution that will enable BluSmart to expand its fleet by 200 electric vehicles.
Samrat Gupta, MD and CEO of Tata Motors Finance, stated, “Tata Motors Finance is dedicated to provide solutions to EV fleet operators within TML ecosystem in fulfilling their mobility expansion needs through tailor-made credit offerings.”
Anmol Singh Jaggi, CEO and Co-Founder, BluSmart, said, “The association will enable us to expand our fleet and enhance our presence in the market, providing efficient, reliable, and eco-friendly transportation services to our consumers.”
RELATED ARTICLES
Sharda Motor to Begin Commercial Production at New Chakan Plant from June 23
Sarthak Mahajan
21 Jun 2025
Sharda Motor Industries Limited has secured the Factory License for its new manufacturing facility in Chakan, Maharashtr...
India Must Tackle Evaporative Emission as BS7 Norms Near, Says Expert
Darshan Nakhwa
21 Jun 2025
As temperatures soar and E20 fuels rise, experts call for urgent reform in India’s evaporative emission standards.
“Missed Very Dearly”: Chandrasekaran Pays Tribute to Ratan Tata at Tata Motors AGM Amid Tata Group Crisis
Ketan Thakkar
20 Jun 2025
Chandrasekaran balances grief and leadership at Tata Motors AGM as Tata Group confronts twin tragedies — the Air India c...
