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Mahindra Last Mile Mobility Partners with Vidyut for Battery-as-a-Service Financing for EVs

Dec 11, 2024•over 1 year ago

Contract Type

partnership

TransportationAutomotive

Description

Mahindra Last Mile Mobility Ltd has announced a partnership with EV startup Vidyut to introduce battery-as-a-service financing for their electric vehicles. The financing program will allow customers to rent the battery, reducing the upfront vehicle acquisition cost by up to 40% compared to traditional ICE vehicles.

Company Information

Company

Mahindra Last Mile Mobility Ltd and Vidyut

About

Mahindra Last Mile Mobility Ltd is a commercial electric vehicle company that focuses on providing last mile transportation solutions. Vidyut is an EV startup that aims to make sustainable mobility affordable and accessible.

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