Electric vehicle charging infrastructure company EVI Technologies has partnered with digital lending startup RevFin and electric three-wheeler makers Saarthi and Mayuri to provide funding for EVs and swappable battery solutions.
Under the partnership, RevFin will finance e-rickshaw and e-two wheelers along with swappable battery solutions provided by EVI Technologies.
The initiative will majorly cover Delhi-NCR, Uttar Pradesh, Chhattisgarh and Haryana.
EVI Technologies’ battery swapping solution and RevFin's easy low-cost finance will create a sustainable mobility ecosystem, making clean energy affordable to all without the worry of energy infrastructure, especially in Tier-2 and-3 cities.
The partnership will provide an easy solution to all challenges faced by EV drivers and the EV sector as a whole.
The company intends to have over 10,000 electric vehicles with swappable battery options on the road by FY21-end.