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Updated On: 27-Oct-2025 01:16 PM
Greaves Electric Mobility joins hands with Perpetuity Capital to offer affordable financing for electric two and three-wheelers, enabling up to 90% funding with low interest and flexible EMIs.
Partnership announced on October 27, 2025.
Interest rates: 9.99% for two-wheelers, 11% for three-wheelers.
Financing up to 90% of the vehicle cost with flexible EMIs.
Available across GEML’s 400 dealer touchpoints in India.
Covers the entire EV range, including Ampere scooters and Greaves three-wheelers.
Greaves Electric Mobility Ltd. (GEML) has announced a new partnership with Perpetuity Capital to make electric two-wheelers and three-wheelers more affordable through retail financing. The collaboration, revealed on October 27, 2025, aims to accelerate electric vehicle (EV) adoption across India by offering easy and accessible financing solutions for customers.
Under this partnership, GEML customers can now get financing with interest rates starting at 9.99% for electric two-wheelers and 11% for electric three-wheelers. The scheme allows funding of up to 90% of the vehicle’s cost with flexible EMI payment options, helping more customers shift to electric mobility without financial stress.
Manoj M. P., Chief Business Officer at GEML, said the collaboration reinforces their goal of making EV ownership simple and accessible.
“The partnership with Perpetuity Capital will further strengthen our retail finance offerings, helping customers become proud owners of vehicles that are durable, practical, and built for India's realities,” he stated.
Meanwhile, Karamveer Singh Dhillon, Founder and CEO of Perpetuity Capital, shared that the initiative is also about promoting financial inclusion.
“We hope to democratise credit access for drivers and entrepreneurs at the heart of India's EV transition,” he added.
Greaves Electric Mobility, a key player in India’s EV industry, brings with it a 165-year engineering legacy and over 17 years of EV expertise. The company currently operates through 400 dealer touchpoints across India, holds eight India Book of Records titles, and manufactures vehicles at three advanced facilities in Hyderabad, Noida, and Ranipet.
This strategic partnership with Perpetuity Capital is expected to:
Improve customer affordability and ownership experience.
Strengthen GEML’s dealer network and sales.
Support India’s rapid shift towards sustainable mobility.
The financing solutions will be available for GEML’s entire product range, including Ampere electric scooters and Greaves electric three-wheelers. With this move, the company aims to empower both individual buyers and commercial drivers to make the switch to clean, efficient, and cost-effective electric vehicles.
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The collaboration between Greaves Electric Mobility and Perpetuity Capital marks an important step toward making electric mobility accessible to everyone. By offering affordable finance options and promoting financial inclusion, the partnership is set to play a key role in India’s electric mobility revolution, helping more people embrace eco-friendly transportation with ease.