In a strategic move championing the future of sustainable transportation in India, TI Clean Mobility, a subsidiary of Tube Investments of India, has allied with financial service provider Bike Bazaar to extend affordable financial solutions to patrons aspiring to own the electric three-wheeler, the Montra Super Auto.
This collaboration underscores the commitment of both organizations to facilitate India’s transition to environmentally friendly transport options by making the electric vehicle (EV) market more accessible through financial support. Roy Kurian, the Business Head of the Montra Electric 3W division, expressed his zeal for the partnership during an announcement. “As India embraces greener mobility, we are dedicated to easing our customers’ transition to sustainability. With lower interest rates and extended loan terms for Super Auto ownership, we aim to not only alleviate financial burdens but also promote environmentally responsible practices,” he stated.
The union sets its sights on providing customers not merely with financial backing but also ensuring a seamless customer journey from inquiry to ownership. The Murugappa group firm mentioned its goal through this partnership is to make financing more straightforward, thus enhancing the customer experience and offering rapid assistance throughout the purchasing process.
The Montra Super Auto is a testament to the innovation that stands at the forefront of TI Clean Mobility’s mission to electrify transportation in India. The vehicle features a robust 10 kWh battery pack which promises a range of 203 kilometers on a single charge and is capable of achieving a top speed of 55 kilometers per hour. The Montra Super Auto is designed to be an eco-friendly alternative for passengers looking for an efficient and reliable mode of transport.
Moreover, TI Clean Mobility is not halting its green endeavors with electric passenger vehicles alone. They are ambitiously working on expanding their electric footprint within other sectors, including small commercial vehicles, heavy commercial vehicles, and even agricultural machinery like tractors. This broad-spectrum approach to electrification signifies the company’s holistic vision of a cleaner, greener automotive landscape in India.
Electrification of the automotive industry is a key strategy adopted worldwide in the fight against climate change. With governments across the globe instituting policies and investing heavily in EV technology and infrastructure, companies like TI Clean Mobility are vital to this monumental shift. Their innovative products, such as the Montra Super Auto, offer a practical solution for reducing carbon emissions, improving urban air quality, and decreasing reliance on fossil fuels.
The urgency of sustainable mobility is clear as India grapples with air pollution and its commitment to the Paris Agreement on climate change. Partnerships such as the one between TI Clean Mobility and Bike Bazaar are pivotal as they provide the financial impetus to propel individuals towards making environmentally conscious choices.
By meshing cutting-edge engineering with attractive financial options, this partnership aims to catalyze a significant uptake in EV usage. Whether it be a fleet operator or an individual driver, the low-interest rates and extended loan terms are designed to make the transition to electric vehicles not only a moral or environmental decision but a financially viable one too.
While the EV market in India is still in its nascent stage, steps like these are essential for building the necessary momentum for an electric revolution on Indian streets. As TI Clean Mobility forges ahead in its quest to broaden the EV horizon in India, collaborations with financial institutions like Bike Bazaar play an indispensable role. It sets the wheels in motion for a future where electric three-wheelers like the Montra Super Auto become the norm rather than the exception, thus paving the way for a cleaner, greener India.
