Greaves Finance, a non-banking financial company (NBFC) and a wholly owned subsidiary of Greaves Cotton, has introduced a financial platform called ‘evfin’.
evfin, the company said, is expected to expedite the transition towards electric vehicles amidst their increasing adoption. It is crucial to address the complete lifecycle journey of EV usage for consumers, and evfin with its “unprecedented suite of innovative experiences” would address that, said Greaves.
Nagesh Basavanahalli, Vice Chairman, Greaves Cotton, said, “Greaves Cotton is dedicated to a comprehensive ecosystem for diverse last-mile mobility. With cutting-edge products and services spanning components, retail and end-user vehicles, we are pleased to announce the launch of evfin, our sustainable financing platform, reinforcing our commitment to sustainability on World Environment Day.”
Sandeep Divakaran, ED & CEO, Greaves Finance said the company aims to democratise access to EV consumers by offering the most cost-effective financing options through its comprehensive range of personalised financing solutions. “The evfin platform is specifically designed to provide an end-to-end lifecycle experience for EV owners, ensuring a unique and seamless ownership journey throughout their usage of EVs,” he said.