Zoomcar ties up with Mahindra Electric for e-vehicle in Hyderabad
Mahindra Electric will also be offering fast charging services to enhance the EV experience for Zoomcar's customers, with fast charging compatible vehicles.
Mahindra group's e-vehicle arm Mahindra Electric today said it has partnered with car rental firm Zoomcar, wherein the former's twenty e2oPlus vehicles will be deployed on the latter's platform here.
According to a statement issued by Mahindra, a larger financing arrangement between Zoomcar and Mahindra Finance will see the former obtain customised EV financing as well.
Mahesh Babu, CEO, Mahindra Electric said, "Today, in collaboration with Zoomcar, we have introduced the e2oPlus on the self-drive platform in Hyderabad. Through this initiative, we will provide a way for the people of Telangana to experience the many benefits of EVs.
Greg Moran, Co-Founder and CEO, Zoomcar said, "The rollout of EVs at scale coupled with best-in-class fast charging infrastructure is an extension of the Hyderabad government's vision for a cleaner, greener India. Zoomcar is pleased to partner with the Mahindra Electric team once again to help accelerate the transition to an all-electric urban mobility model."
Mahindra Electric is also offering fast charging services to enhance the EV experience for Zoomcar's customers, with fast charging compatible vehicles.
Both the organisations had inaugurated the initiative last week by launching 20 EVs in Mysuru and intend to replicate the model in Chandigarh and Delhi soon, it added.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES
Power of Compounding: How many years will it take to reach Rs 3 crore corpus if your monthly SIP is Rs 4,000, Rs 5,000, or Rs 6,000
Power of Compounding: Salary Rs 25,000 per month; is it possible to create over Rs 2.60 crore corpus; understand it through calculations
Liquor stock under Rs 300: Can this smallcap scrip double your money in 1-2 years? Check targets by Anil Singhvi
Reduce Home Loan EMI vs Reduce Tenure: Rs 75 lakh, 25-year loan; which option can save Rs 25 lakh and 64 months and how? Know here
07:06 PM IST