JSW MG Motor India partners with Ecofy for EV financing

NEW DELHI: JSW MG Motor India on Thursday said it has partnered with Eversource Capital-backed NBFC Ecofy to provide financing and leasing solutions for its electric vehicles.

The two companies have signed a Memorandum of Understanding (MoU) under which Ecofy will provide financing and leasing solutions for up to 10,000 JSW MG EVs over the next three years, it said in a statement.

This will include loan options and leasing arrangements across retail customers and B2B operators for the existing and forthcoming electric vehicles of JSW MG Motor India, the company added.

Related Articles

Back to top button