Quiklyz, the leasing and subscription business vertical of Mahindra & Mahindra Financial Services, has announced its intention to offer the widest range of electric vehicles (EVs) for leasing and subscription to potential customers.
The platform claims to own the largest portfolio of EVs, including products from Mahindra, Tata Motors, Mercedes-Benz, MG Motors, Audi and Jaguar in the four-wheeler segment, and Mahindra and Piaggio in the e3W e-commerce fleet operators segment. Quiklyz allows its customers to avail the flexibility to upgrade their vehicle in two to three years.
The company plans to add more EVs in its portfolio in the coming years, as it aims to create exciting EV subscription products for its customers.
Turra Mohammed, SVP & Business Head, Quiklyz said the company will continue to focus on EVs and will create an exciting platform for customers to have access to EVs in an affordable and hassle-free manner. “All of this will be in keeping with India’s commitment to become carbon-neutral by 2070. As the world is moving on from conventional fuels to alternative sources of energy for powering transport, EVs are emerging as a popular choice among the planet conscious customers,” he said.
Leasing & subscription is becoming an important channel for Mahindra Electric’s e3Ws, specifically in load segment to new age enterprises, said Suman Mishra, CEO, Mahindra Electric. “We look forward to continuing working with Quiklyz to provide such innovative financing solutions for our customers,” she said.