Revfin has announced a strategic partnership with Bajaj Auto to mark a step towards advancing the electric three-wheeler (e3W) segment, its adoption, and creating a robust ecosystem, thereby contributing to a greener future for first and last-mile mobility.
The partnership also underscores the mutual commitment of both companies towards promoting electric mobility. E3Ws offer numerous benefits, including reduced emissions, lower operating costs, and a contribution to cleaner air. Through joint efforts, Bajaj and RevFin seek to create awareness and incentivize the adoption of e3Ws among consumers and fleet operators.
In addition to promoting electric mobility, the collaboration between Revfin and Bajaj Auto also focuses on infrastructure development. Recognizing the importance of a robust charging network for the widespread adoption of electric vehicles, including three-wheelers, RevFin’s involvement may extend beyond financial services to include charging infrastructure development.
Samardeep Subandh, President of Bajaj Auto said, “This strategic tie-up with Revfin marks a crucial stride in Bajaj Auto’s mission to accelerate the nationwide shift towards electric mobility in India. By integrating our renowned product quality and technological expertise with Revfin’s innovative financial solutions, we anticipate penetrating untapped markets and enabling a broader spectrum of individuals and fleet operators to embrace sustainable transportation options. This collaboration is geared towards enhancing accessibility and appeal of our eco-friendly three-wheeler offerings to a diverse customer base, driving adoption, and contributing to a cleaner, greener future for first and last-mile mobility.”
Samardeep Subandh, President of Bajaj Auto said, “This collaboration is geared towards enhancing accessibility and appeal of our eco-friendly three-wheeler offerings to a diverse customer base, driving adoption, and contributing to a cleaner, greener future for first and last-mile mobility.”
Revfin’s financial services play a crucial role in supporting e3W adoption by offering affordable financing options for buyers, particularly small entrepreneurs, fleet operators, and individual customers.