Warivo Motor Pvt Ltd, a leading Indian manufacturer of electric two-wheelers in India, has partnered with Shriram Finance in a strategic effort to make electric vehicles (EVs) accessible to all. Warivo expects this initiative to boosts its reach in the under-served segments of the market in the coming months.
Speaking on the association, Mr. Yuvraj Garg, Director of Warivo Motor commented, “Our association with Shriram Finance marks a pivotal moment in India’s electric mobility journey. By combining their financial expertise with our innovative EV solutions, we aim to make electric mobility both accessible and affordable, solidifying Warivo as ‘Everyone’s Ride.’ This initiative reaffirms our dedication to empowering Indian consumers with sustainable and cost-effective transportation options.”
Speaking about the alliance, Gopinath TA, Assistant Vice President of Shriram Finance, stated, “At Shriram Finance, we are committed to providing accessible and innovative financial solutions for consumers across emerging India. This partnership with Warivo Motor aligns with our mission of driving financial inclusion and delivering customized services that cater to the evolving needs of our customers, supporting the nation’s transition to sustainable mobility”
Through this initiative, Warivo Motor reinforces its commitment to being “Everyone’s Ride”, enabling customers to experience the benefits of electric mobility with flexible financing options, including customized EMI plans for low-speed and high-speed electric vehicles.
This partnership is expected to amplify Warivo’s market reach through its established dealer network. By equipping dealerships with enhanced financing capabilities, the initiative enables them to serve a broader customer base while fostering trust and convenience in the EV purchasing journey, ultimately accelerating India’s transition to sustainable mobility.
This initiative not only addresses the immediate challenges of affordability and accessibility but also sets the stage for a long-term transformation in India’s transportation ecosystem. By combining Warivo’s expertise in electric mobility with Shriram Finance’s customer-centric financial solutions, the two companies are driving a paradigm shift toward cleaner, smarter, and more sustainable ways to travel.
