Batt:RE Ties up With ZestMoney to Offer Electric Scooters on EMI

Batt:RE Electric Mobility has partnered up with ZestMoney to offer an EMI finance scheme to customers that want to purchase its electric scooters.

Batt:RE Electric Mobility, a technology-driven EV startup has announced that it has partnered up with ZestMoney to offer EMI finance scheme to customers that want to purchase its electric scooters. This facility will be valid for all the models of Batt:RE electric scooters like Batt:RE IOT, Batt:RE One, Batt:RE Lo:EV and Batt:RE gps:ie.

Commenting on the scheme, Pankaj Sharma, Co-Founder of Batt:RE Electric Mobility said, “this EMI facility provided in partnership with Zest Money will enable customers to book & enjoy riding Batt:RE electric scooter which is an aspiration for every millennial’s & working professionals.”

Lizzie Chapman, CEO & Co-founder of ZestMoney said, “we are excited to partner with Batt:RE at a time when demand for electric scooters is at an all-time high. People are increasingly looking for EMI financing options to fuel their dreams. At ZestMoney, our fully automated and data-driven loan disbursal model is the best-suited solution in these times.”

Recently, we had reported that self-drive car rental service provider Zoomcar has announced that it has entered into an agreement with Hyderabad-based e-mobility solutions provider ETO Motors to provide an array of platform services for the latter’s shared three-wheeler business. Under the agreement, Zoomcar will provide its proprietary technology which emphasises on security and maintenance of vehicles, while ETO Motors will own and operate electric three-wheelers for shared first-mile and last-mile passenger commute, as well as goods movement within cities, a company statement said.

“Through this partnership with ETO Motors, we aim to leverage our AI-based platform to enable large fleet operators to better manage their assets through greater vehicle safety and lower total operating cost,” Zoomcar CEO & Co-Founder Greg Moran said.

Prior to that, we had reported that Bengaluru-based electric vehicle (EV) startup Simple Energy was in talks with angel investors to raise up to USD 1 million (about Rs 7.5 crore), according to its founder Suhas Rajkumar.

The proceeds will be utilised for testing and certification of its 280-km range scooter as the company seeks to secure Automotive Research Association of India’s (ARAI) approval for its maiden offering by December, before the proposed launch in February-March next year, Rajkumar had said.