Pure EV Joins SIDBI To Deploy 20,000 Electric Two Wheelers

Mobility Outlook Bureau
06 Jun 2023
03:46 PM
1 Min Read

At the event hosted by SIDBI and World Bank India, the EV maker was honoured to be chosen as a pioneering partner in the Evolution programme, enabling the deployment of 50,000 leased vehicles.


SIDBI and PURE EV officials at the  Evolution programme
SIDBI and PURE EV officials at the  Evolution programme

Pure EV has announced its partnership with SIDBI (Small Industries Development Bank of India) to deploy 20,000 electric two-wheelers (EV 2W) nationwide.

At the event hosted by SIDBI and World Bank India, the EV maker was honoured to be chosen as a pioneering partner in the Evolution programme, enabling the deployment of 50,000 leased vehicles to aggregators and facilitating the seamless and sustainable adoption of EVs.

Also Read: SMEV Bats For Green Tax On ICE Two-Wheelers

The company's ETrance NEO, ePluto 7G, and ecoDryft models have been empanelled for this ambitious initiative. Moreover, it has secured empanelment with IDBI, enabling easy fleet financing solutions for customers.

Rohit Vadera, Co-Founder and Chief Executive Officer, Pure EV, said, “This strategic collaboration not only reinforces our commitment to sustainable mobility but also positions us as a key player in driving the adoption of EVs nationwide. The esteemed recognition validates Pure's commitment to transforming the transportation landscape by embracing clean and green mobility. With the generous financial support from SIDBI, we have the opportunity to make a substantial impact on the B2B and fleet segments.”

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