Hero Electric on Tuesday said it has partnered with digital lending platform RevFin to provide loans to EV riders. across India. The partnership aims to finance and lease 2.5 lakh vehicles over the next three years, the company said in a statement.

With delivery and e-commerce segments growing exponentially, Hero Electric aims to support and steer the EV transition through partnerships to strengthen the B2B segment, Hero Electric CEO Sohinder Gill said.

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“This partnership will enable us to provide interested customers with the flexibility to purchase an electric two-wheeler in easy monthly installments while riding clean mobility. It further enables us to explore different channels to lease and supply our scooters and contribute towards a carbon-free future with EVs,” he added.

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