HomeBusiness ›Erisha E Mobility Inks MoU with Lakshmi India Finance for EV Financing Facilities to Customers

Erisha E Mobility Inks MoU with Lakshmi India Finance for EV Financing Facilities to Customers

The partnership intends to facilitate loan provisions to potential users in Rajasthan, Madhya Pradesh, and Gujarat, who would like to buy electric three-wheelers produced by Erisha E Mobility.

July 27, 2023. By EI News Network

The inking ceremony was visited by Sudhir Rana, Managing Director of Erisha E Mobility Pvt Ltd, and Kuldeep Singh Sikarwar, Chief Business Officer of Lakshmi India Finance Pvt Ltd. There was also present Munish Kumar, Erisha Company’s Group President, Parminder Singh Baweja, Executive Director, Ravindra Singh Khaneja, Zonal Head, and Naresh Thakur, Retail Finance Head.

The partnership intends to facilitate loan provisions to potential users in Rajasthan, Madhya Pradesh, and Gujarat, who would like to buy electric three-wheelers produced by Erisha E Mobility.

Ravindra Singh Khaneja, the Zonal Head of Erisha E Mobility, expressed his delight about the collaboration, focussing that it will enable the company to give financial solutions to customers, thereby generating upgraded earning opportunities.

He added that the company’s electric three-wheelers in the L5 category are equipped with a powerful 200 amps lithium-ion battery and a 10.5 kW motor. These vehicles are for both haulage and passenger transportation, attributing a two-speed gearbox, a lifting potential of around 700 kgs, and a 39-month warranty.

Kuldeep Singh Sikarwar, Chief Business Officer of Lakshmi India Finance Pvt Ltd expressed that the alliance will give their esteemed clients with an exceptional experience. Lakshmi India Finance is owning 93 branches in Rajasthan, is known for availing loans on all types of vehicles and is among the top four preferred fund raisers in the region.

The alliance between Erisha E Mobility and Lakshmi India Finance to enhance accessibility to electric three-wheelers while contributing to sustainable and eco-friendly transportation solutions in the three states.
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