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EVI Technologies, RevFin team up for EV financing

Monday, 27 Jul 2020
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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.
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