Greaves Electric Mobility Ltd. (GEML), a leading player in India’s electric mobility sector with eight national records to its name, has announced a strategic partnership with Perpetuity Capital, a non-banking financial company (NBFC) offering innovative vehicle financing solutions. The collaboration aims to accelerate affordable retail EV financing across India, covering GEML’s entire range of electric two-wheelers (E2W) and three-wheelers (E3W).
Under this partnership, customers can avail interest rates starting at just 9.99% for E2Ws and 11% for E3Ws, along with flexible EMI options and funding of up to 90% of the vehicle cost. This initiative is designed to make electric mobility more accessible, convenient, and financially viable for individuals and small businesses, driving greater adoption of EVs across the country.
Driving Financial Accessibility and Sustainable Mobility
Speaking on the partnership, Manoj M. P., Chief Business Officer, Greaves Electric Mobility Ltd., said,
“At Greaves, our focus has been on democratising India’s EV journey and building a strong ecosystem backed by design, innovation, and engineering excellence. The partnership with Perpetuity Capital reinforces our commitment to make EVs more accessible to customers across India. By offering capital-efficient financing options, we aim to empower individuals and entrepreneurs, supporting India’s growth story while accelerating sustainable mobility.”
As GEML continues to strengthen its retail footprint across India, the partnership will help enhance dealer sales, drive affordability, and expand EV access for a wider customer base.
Enabling Financial Inclusion and Green Growth
Adding to this, Karamveer Singh Dhillon, Founder & CEO, Perpetuity Capital, commented,
“Through our partnership with Greaves Electric Mobility, we aim to democratise credit access for drivers and entrepreneurs who are at the heart of India’s EV transition. By combining financial inclusion with environmental impact, we seek to power sustainable and equitable growth.”
Strengthening India’s EV Ecosystem
This collaboration is a significant step toward boosting EV adoption and supporting the country’s clean mobility mission. With over 165 years of Greaves’ engineering legacy and 17 years of EV expertise, GEML continues to deliver made-in-India mobility solutions that combine durability, performance, and innovation.
GEML’s advanced vehicles—featuring LFP batteries, dual frame chassis, and 7” TFT touchscreens with full map navigation—are engineered to outperform, outlast, and outshine. The partnership will make flagship products like the Ampere electric scooter (India’s Electric Scooter of the Year) and Greaves 3 Wheelers (national range record holders) more accessible to Indian consumers.
Through this alliance, Greaves Electric Mobility and Perpetuity Capital are jointly advancing India’s shift towards clean, connected, and inclusive electric transportation, empowering both consumers and the broader EV ecosystem.
