ZELIO E Mobility Partners with Ecofy to Provide Green Financing for EV Buyers

New Delhi, January 28, 2025 – ZELIO E Mobility, a leading player in India's electric two-wheeler industry, has announced a strategic partnership with Ecofy, India's first green-focused Non-Banking Financial Company (NBFC). This collaboration aims to enhance the affordability and accessibility of electric vehicles (EVs) by providing flexible and competitive financing options for customers.

Empowering Customers with Hassle-Free Financing

Through this partnership, customers can now purchase ZELIO’s popular electric two-wheeler models—including the X-Men, Gracy, Eeva, and Mystery—using tailored financing solutions. Ecofy’s digital lending process ensures:

-Low-interest rates
-Quick loan approvals
-Customizable EMI plans
-Paperless, fully digital application process
-Loan & EMI Monitoring App for easy tracking

By integrating a seamless financing system, ZELIO and Ecofy are set to remove financial barriers and encourage more consumers to embrace sustainable mobility solutions.

Industry Leaders Speak on the Partnership

Kunal Arya, Co-Founder & Managing Director of ZELIO E Mobility Ltd., stated:
"With the rising demand for electric two-wheelers, many customers seek flexible financing to offset upfront costs. Our partnership with Ecofy directly addresses this need, making EV ownership easier and more affordable."

Support for Dealers & Special Incentives for Customers

To ensure a smooth financing experience, ZELIO will provide dealers with:

• Specialized training programs on Ecofy’s financing options
• Dedicated field support for customer assistance
• Marketing materials like brochures and digital tools to explain financing benefits

Customers will also benefit from exclusive promotional offers, including:

-Lower interest rates
-Extended loan tenure options
-Waived processing fees for a limited time

ZELIO’s Commitment to EV Expansion in India

With over 200,000 satisfied riders and 273 dealerships, ZELIO is rapidly expanding its reach. The company aims to increase its dealership network to 400 locations by March 2025, reinforcing its position as a key player in India's EV sector.

About ZELIO E Mobility Ltd.

Founded in 2021, ZELIO E Mobility Ltd. is a 100% Indian electric two-wheeler manufacturing company dedicated to sustainable innovation. Known for its stylish designs, advanced technology, and strong performance, ZELIO’s e-scooters are built for urban commuters seeking eco-friendly mobility solutions.

Conclusion

ZELIO E Mobility’s partnership with Ecofy marks a significant step toward making electric two-wheelers more accessible and affordable for Indian consumers. By offering flexible financing solutions, low-interest rates, and a seamless digital loan process, this collaboration empowers more people to transition to sustainable mobility without financial barriers.

As the demand for eco-friendly transportation grows, initiatives like this will play a crucial role in driving EV adoption across India. With its expanding dealership network and commitment to innovation, ZELIO E Mobility is well-positioned to lead the shift toward a cleaner, greener future on India’s roads.

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