Topics
Tata Motors | ICICI Bank | Electric Vehicle
ICICI Bank Executive Director Rakesh Jha said the electric vehicle industry is growing at a rapid pace with the rising consumer demand for environment-friendly electric vehicles
').insertAfter(".article-content__img");$(".article-content__img div").find('div').remove();
Tata Motors on Monday said it has partnered with ICICI Bank to offer financing solutions to its authorised passenger electric vehicle dealers.
Under the partnership, ICICI Bank will provide inventory funding to the authorised passenger EV dealers in addition to the bank's funding to dealers for diesel and petrol models, Tata Motors said in a statement.
"Our dealer network forms a part of our core support pillars, and through their constant effort, we ride the electrification wave in India.
"We are confident that through this tie-up, we will make EVs more accessible and the EV purchase process a seamless and memorable experience for our customers," Tata Motors Passenger Vehicles Ltd and Tata Passenger Electric Mobility Ltd Managing Director Shailesh Chandra said.
The EV dealers can avail flexible repayment tenures through the partnership, the company said.
ICICI Bank Executive Director Rakesh Jha said the electric vehicle industry is growing at a rapid pace with the rising consumer demand for environment-friendly electric vehicles.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!
First Published: Mon, January 23 2023. 16:49 IST
There is something quietly symbolic about JPMorgan Chase choosing Berlin as its gateway into continental Europe. In a fo... Read more
There is a moment in every bull run when the narrative starts to fray. Not with a crash, not with a scandal, but with so... Read more
Coutts steps into private marketsCoutts, the private bank best known for serving Britain’s wealthiest families and the... Read more
How Crypto Moved from the Wild West to the Mainstream Financial SystemA long-form analysis of Bitcoin's journey from fri... Read more
ACB Securities: Building Scale, Trust and Innovation in Vietnam’s Capital MarketsACB Securities (ACBS) is emerging as ... Read more
For most of the past year, global markets behaved as though geopolitical risk had largely disappeared. Inflation was eas... Read more
