Making EVs Affordable and Accessible Across India
ZELIO E Mobility, a prominent name in India’s electric two-wheeler market, has announced a strategic partnership with Ecofy, India’s first green-focused Non-Banking Financial Company (NBFC). This collaboration aims to make electric vehicles (EVs) more accessible and affordable, enabling customers to purchase ZELIO’s popular models such as X-Men, Gracy, Eeva, and Mystery.
Expanding Financing Options for EV Buyers
The partnership follows ZELIO’s recent tie-up with LoanTap, further broadening financing options. With Ecofy’s digital and paperless financing solutions, customers can benefit from:
- Low-interest rates
- Quick approval processes
- Customizable EMI options
Additionally, Ecofy’s Loan & EMI Monitoring App ensures customers can conveniently manage their repayment schedules.
Leadership Speaks: Driving Sustainable Mobility
Kunal Arya, Co-Founder and Managing Director of ZELIO E Mobility, expressed,
“Our partnership with Ecofy directly addresses the need for affordable financing, paving the way for seamless adoption of eco-friendly transportation solutions.”
Rajashree Nambiar, Co-Founder, Managing Director & CEO of Ecofy, added,
“We are proud to join hands with ZELIO E Mobility to promote sustainable living and green technologies by making EVs more affordable for Indian consumers.”
Empowering Dealers and Customers with Specialized Support
ZELIO E Mobility is dedicated to equipping dealers with the necessary tools and training for promoting Ecofy’s financing options. Key initiatives include:
- Training programs to simplify the loan application process
- Digital tools, including QR codes for instant access
- Marketing materials like brochures and posters to highlight financial and environmental benefits
Exclusive Promotions to Boost EV Adoption
Special promotions under the Ecofy financing scheme include:
- Lower interest rates
- Extended loan tenures
- Waived processing fees
These incentives encourage customers to transition to sustainable mobility solutions.
ZELIO’s Growing Market Presence
With over 200,000 satisfied riders and 273 dealerships nationwide, ZELIO aims to expand its network to 400 locations by March 2025, reinforcing its position as a leader in the EV two-wheeler market.
About ZELIO E Mobility
Founded in 2021, ZELIO E Mobility Ltd. is a 100% Indian electric two-wheeler manufacturing company. With a focus on innovation, ZELIO offers stylish, powerful, and fuel-efficient e-scooters designed for sustainability and user convenience.
About Ecofy
Ecofy, India’s first green-only NBFC, specializes in financing eco-friendly products and services. Backed by Eversource Capital, Ecofy is a pioneer in sustainable finance, operating across 14+ states and 250+ cities.
For more details, visit: www.ecofy.co.in
