Tunwal E-Motors Ltd., which is one of the largest electric vehicle (EV) manufacturers in India, has partnered with Bajaj Finance to offer customized loan facilities for customers. The partnership aims to enable and promote EV ownership by providing loan facilities at Tunwal dealerships across the country.
The partnership will promote the adoption of electric two-wheelers in India by reducing financial barriers for customers. Customers are able to avail themselves of attractive loan offers and financing options, thereby promoting a seamless and cost-effective transition to sustainable mobility. Tunwal E-Motors views the partnership, which is recognized for innovative and environmentally sustainable vehicles and mobility solutions, as an important step towards cementing its position in the market and contributing to India's green mobility mission.
Bajaj Finance, one of India's leading non-banking financing companies, will utilize its extensive consumer financing distribution network and experience to facilitate the partnership. The two companies recognize the need to satisfy the fast-growing demand for EVs in India, and they are both committed to advancing greener modes of transportation.
This initiative will work toward accelerating the EV industry and solidifying Tunwal E-Motors Ltd.'s designation as a major player in the market.
Source: Autocar Professional