Comments
Ujjivan Small Finance Bank has inked a Memorandum of Understanding (MoU) with Green Shuttle Technology Pvt Ltd for financing electric three-wheelers.
Established in Chakan (Pune) last year, Green Shuttle Technology is an ARAI-(Automotive Research Association of India) certified manufacturer of electric vehicles such as E-Garbage Vehicle, E-Rickshaw, E-Cart, E-Mini Flat Loader and E-Scooter.
“This partnership is aimed at benefiting all the passenger and cargo delivery segments of Green Shuttle Electric Vehicles. The bank plans to tie up with more electric vehicle manufacturers to further strengthen the Electric Vehicle financing portfolio and to focus on the mass market,” said the bank in a statement.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.