HSBC India partners with Tata Motors to promote Electric Vehicles
(Oilandgaspress) HSBC India today announced that it has partnered with Tata Motors, India’s leading automobile manufacturer and the pioneer of EV revolution in the country, for a corporate employee financing solution to accelerate the adoption of zero emission Electric Vehicles. This partnership is in line with the shared vision of the two conscientious organizations to promote sustainability and de-carbonize road transport, paving the way for a greener and cleaner future.
Consumers holding a salaried account with HSBC India will get a chance to apply for this one-of-a-kind tailor made loan to purchase an electric vehicle of their choice from Tata Motors’ EV portfolio. As a part of this scheme, customers will be able to apply for a loan with zero down payment, no hypothecation, low processing fee and no documentation charges, amongst others, making the overall EV buying procedure not only simple but highly attractive for all prospective customers. Furthermore, as an added advantage, customers opting for this loan will also get a special accessory kit for their Tata EVs.
Tata Motors has been revolutionizing the Indian automotive market with its pioneering efforts and is leading the e-mobility wave in India. The product portfolio currently consists of the ‘Fastest Booked EV in India’ – the Tiago.ev, which also recently became the fastest EV to reach 10k deliveries, the Nexon EV – India’s highest selling EV and the Tigor EV.
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