In a groundbreaking move shaping the future of India’s green mobility, Greaves Electric Mobility Partners with Perpetuity Capital to make owning an electric vehicle easier than ever. This alliance promises to revolutionize how Indians buy electric two- and three-wheelers by offering smart, affordable financing options. As India races toward an electrified future, this partnership could be the spark that accelerates mass EV adoption—discover how it’s set to change the game for everyday commuters and entrepreneurs alike.
Empowering Affordable EV Ownership
Under this collaboration, customers purchasing GEML’s electric vehicles—including Ampere electric scooters and Greaves electric three-wheelers—can avail of attractive financing options tailored to their needs. The partnership offers loans starting at 9.99% interest for electric two-wheelers (E2Ws) and 11% for electric three-wheelers (E3Ws), making EV ownership financially viable for a wider range of consumers.
To further ease the transition, the scheme includes up to 90% vehicle financing, ensuring minimal upfront cost for buyers. Additionally, flexible EMI options are available, accommodating diverse financial situations and helping customers plan their payments conveniently.
Accelerating India’s EV Mission
This collaboration directly supports India’s broader EV adoption goals by addressing one of the key barriers to entry—affordability. By providing competitive financing and accessible credit, the initiative aims to empower individual commuters, small business owners, and gig economy workers to transition to sustainable mobility solutions.
Karamveer Singh Dhillon, Founder and CEO of Perpetuity Capital, highlighted the social and economic impact of the partnership, stating that it seeks to “democratise credit access for drivers and entrepreneurs”—those at the forefront of India’s clean mobility revolution.
A Strategic Win for the EV Ecosystem
Beyond customer benefits, this tie-up is set to strengthen GEML’s dealer network by enabling more seamless financing at the point of sale, thereby boosting sales and supporting business growth nationwide. It also aligns with GEML’s strategy to expand its market presence in India’s fast-growing electric mobility sector.
Driving a Greener Tomorrow
As one of India’s leading EV manufacturers, Greaves Electric Mobility brings its engineering excellence and robust product lineup to the table, while Perpetuity Capital leverages its expertise in clean-tech financing to reach underserved customers who lack access to traditional banking. Together, they are not just promoting EV adoption—they’re paving the way for a more inclusive, sustainable, and electrified India.
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